The dollar remained just below recent multi-month peaks on Thursday, influenced by a renewed appetite for riskier assets. Meanwhile, the British pound faced pressure ahead of an anticipated dovish Bank of England meeting.

Trading against the euro, the dollar showed minimal change at $1.1495, slightly weaker from a previous high. Conversely, risk-sensitive Australian and New Zealand dollars responded to a favorable stock market rebound, following a technology share sell-off.

Despite rising U.S. yields and labor data optimism, a clearer view of the U.S. economy is needed for significant currency shifts. The Bank of England's policy rates announcement could influence sterling's future performance.

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