The dollar was capped against its peers on Wednesday on falling U.S. yields and before the Federal Reserve’s policy meeting minutes, though it managed to gain on the yen as stronger investor risk appetite curbed demand for the Japanese currency. The U.S. currency was up 0.2 percent at 110.83 yen. The Japanese currency, which tends to serve as a safe-haven in times of risk aversion, gave up ground as Tokyo shares climbed to fresh two-month highs. “The yen is on the defensive with strong equities prompting a ‘risk on’ mood,” said Koji Fukaya, president of FPG Securities. The dollar had already received a lift against ... (full story)