The US dollar rose against most major currencies during Wednesdays trading but trimmed some of its gains as markets awaited the outcome of a key vote in the House of Representatives to restore government operations.

Investors are watching closely as the House prepares to vote on legislation to end the federal shutdown that has been in place since early October, after the Senate approved the measure earlier this week.

Data from ADP released on Tuesday showed that the US private sector lost an average of 11,250 jobs per week over the four weeks ending October 25.

Separately, Federal Reserve member Steven Miran reiterated on Monday his support for additional interest rate cuts to prevent a potential economic slowdown.

In an interview with CNBC, Miran emphasized that the Fed should move faster than the usual pace of 25-basis-point adjustments. He once again called for a 50-basis-point cuthalf a percentage pointwhile noting that at minimum, a quarter-point reduction should be implemented.

As of 19:54 GMT, the US dollar index was up less than 0.1% at 99.4 points, after reaching a high of 99.7 and a low of 99.4.

Australian Dollar

The Australian dollar rose 0.3% against its US counterpart to 0.6544 as of 20:05 GMT.

Canadian Dollar

The Canadian dollar also strengthened, rising 0.2% against the US dollar to 0.7143 at the same time.