Tokyo: The dollar steadied in early Asian trade on Wednesday, amid increased demand for the currency as a safe haven.

According to Qatar News Agency, the US dollar index, which measures the greenback's strength against a basket of six currencies, was steady at 98.415, marking its highest level. The stability in the dollar index reflects the growing preference for the US dollar as a safe-haven asset during uncertain times.

Most other major currencies remained unchanged. The euro maintained its position at $1.1739, while the Australian dollar showed little change, standing at $0.7152. Similarly, the New Zealand dollar held steady at $0.5894, indicating a general stability among these currencies in response to the dollar's strength.

Against the yen, the US dollar experienced a slight decrease, nudging down 0.1% to 159.26 yen. This minor shift occurred as data earlier revealed that Japan's exports had risen for the seventh consecutive month, providing some support to the yen.