FOREX-Dollar steadies after hitting lows, awaits Yellen and ADP data

The dollar hovered just above a two-month low against a basket of currencies on Wednesday, with the focus on Federal Reserve Chair Janet Yellen's speech later in the day and a private sector survey of the U.S. labour market. The euro lost some steam on concerns about verbal intervention from policymakers about a strengthening currency. Sterling held strong near six-year highs against the dollar ...