The U.S. dollar were little changed against most major currencies on Wednesday. The dollar rose versus the Canadian dollar with a relatively large margin after Canada's central bank cut the country's economic forecast.

Canada's central bank cut forecast for the country's economic growth this year to 2 percent from an October prediction of 2.3 percent. The central bank also kept the benchmark interest rate at 1 per cent as expected.

On the economic front, U.S. house prices rose 0.6 percent on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency's monthly House Price Index released on Wednesday, pointing to a sustained home price appreciation.

Japan's central bank decided Tuesday to double the inflation target to 2 percent and purchase government bonds and other assets without setting a deadline starting from 2014. The dollar broke through the level of 90 versus the yen but the rate dropped as the asset-buying plan will only be kicked off next year.

In late New York trading, the euro climbed to 1.3320 dollars from 1.3318 in the previous session and the British pound stayed at the same level as the previous day at 1.5844 dollars.

The dollar rose slightly to 0.9293 Swiss francs from 0.9292 and went up to 0.9992 Canadian dollars from 0.9926. The dollar bought 88.67 Japanese yen, lower than 88.74 in the previous session.