2017.08.2303:43:00UTC+00Dollar Slips Against Yen after Comments Made by Trump’s Government

The U.S. dollar fell versus the yen on Wednesday after U.S. President Donald Trump brought up the spectre of a government shutdown to fulfill a campaign pledge.

Regardless of the comments, movement among major currencies has been limited ahead of this week's Jackson Hole global central bankers' conference.

At a rally with his supporters in Phoenix, Trump referred to his pledge to build a wall at the U.S.-Mexican border and said "If we have to close down the government, we are building that wall."

The dollar index, which tracks the U.S. currency versus a basket of six major peers, was little changed on the day at 93.513, after it added 0.5 percent in the session earlier.

The greenback was slightly lower on the day at 109.53 yen after notching a low of 109.37, down from 109.67 prior to Trump's remarks and below a previous session peak of 109.83 yen.

However, it remained well above a four-month trough of 108.605 yen set the previous week.

Position-squaring ahead of the gathering of central bankers in Jackson Hole, Wyoming set later this week also buoyed the dollar, according to analysts.

The dollar climbed on Tuesday as the euro was pulled down by the lower-than-expected reading on German investor morale.

The euro eased marginally to $1.1760, as it remains on the defensive after slipping 0.5 percent on Tuesday.