The dollar turned lower after Tuesday’s sharp gains as investors awaited key U.S. labor market data.

The U.S. job openings and turnover survey at 10 a.m. Eastern time will be closely monitored ahead of the highly anticipated nonfarm payrolls report on Friday.

The Federal Reserve is widely expected to resume interest-rate cuts with a 25 basis-points reduction at its September 17 meeting, LSEG data show.