The greenback weakened across the board, with the EUR/USD paring the sharp decline from the previous day to reach a high of 1.2732 during the overnight trade, and the reserve currency is likely to face increased volatility throughout the day as the Federal Reserve is scheduled to release its Beige Book Economic report at 18:00 GMT.
Global banking regulators appear poised to demand larger reserves, which they believe will prevent a future financial crisis, and reserves of higher quality, under so-called Basel 3.
Reserves held by 11 Asian central banks, excluding China's, amounted to $2.875 trillion at the end of August, up from $2.861 trillion at the end of July, a 0.5% rise.
A house servant of the politically powerful clan accused in last year's massacre of 57 people told a Philippine court that the family plotted the killings six days before the ambush.
Two remained missing after Typhoon Malou created sea waves as high as four meters that rocked an oil-drilling platform in the East China Sea.
Insurers plan to raise premiums on some Americans as a result of the health overhaul as soon as next month, complicating Democrats' efforts to trumpet their signature achievement ahead of elections.
All major currencies were up against the U.S. dollar overnight, with the British pound leading the way, climbing some 0.71 percent ahead of the Bank of England interest rate decision.
BP issued a long-awaited investigative report that says a complex series of failures and bad decisions—by itself and other companies—led to the deadly Deepwater Horizon disaster.
For American business, it's a two track economy, with global players getting big boosts from fast-growing foreign markets, while companies focused on the U.S. are hemmed in by recession-scarred consumers.
The Indian unit of German luxury car maker Daimler said car sales in August more than doubled, driven by the introduction of the new E-Class and C-Class sedans.