Investing.com - The US dollar edged higher Wednesday amid caution ahead of the conclusion of the latest Federal Reserve meeting, while the euro slipped with the European Central Bank official set to gather on Thursday.

In a mass email sent to federal employees just before 8:30 p.m. — almost exactly 24 hours after an air crash in Washington that killed 67 people — the Office of Personnel Management encouraged F.A.A. workers, including air traffic controllers, to look for new jobs outside of government, where they might have an opportunity to be more productive.

Japan's Nikkei was up about half a percent at the midday break, on track to snap a three-day losing run. Australia's stock benchmark gained 0.9%, with additional momentum from a mild inflation print that boosted the odds for a rate cut when the Reserve Bank meets next month.

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These talented rappers have not only captivated the youth with their hard-hitting lyrics and street culture but have also achieved remarkable financial success, positioning themselves among some of the wealthiest individuals in the entertainment industry.

Better than expected inflation data, closing on the RBA's 2-3% average target band, caused nearly a dozen major brokers and economists to speak in favour of a 0.25% February rate cut. Many had penned a May cut prior.