The US currency on Wednesday morning settled next to the monthly maximum of the major competitor currencies amid rising US government bond yields and a weakening British pound amid ongoing uncertainty around Brexit.

The US dollar index this morning was near the level of 97.397 after rising to 97.545 during yesterday's trading.

According to British analysts, the weakening of the pound also contributed to the increase in the dollar, which at the beginning of the week plummeted as British Prime Minister Theresa May delayed the vote on the Brexit deal in parliament.

The pound continued to decline on Tuesday amid media reports that the Conservative Party MPs won enough votes to initiate a May no-confidence vote.

The British currency on Wednesday morning increased by 0.19 percent up to $ 1.2509 after falling to $ 1.2480 the day before, the minimum value since April 2017. Since the beginning of the week, the GBP has lost 1.7 percent.

The single European currency strengthened somewhat, bargaining at about $ 1.1326 after a decline of 0.3 percent in the previous session.

The Chinese yuan has risen in price on the offshore market up to 6.886 against the dollar, having strengthened the advantage gained the day before.

On Tuesday, the yuan rose amid news that Washington and Beijing are negotiating a further round of trade negotiations.

The Australian dollar, which is considered an indicator of risk appetite for investors, increased by 0.1 percent, up to $ 0.7212.

The yield on ten-year US state bonds increased to 2,886 percent, continuing to move away from recent lows.

The dollar stabilized against the Japanese yen, trading at around the mark of 113.44 after reaching the weekly peak of 113.52 yen.