The dollar remained stable amid concerns about the fate of tax reform in the United States.

The dollar held steady against the other major currencies on Wednesday amid new concerns about impending tax reform, the United States. The dollar came under pressure after reports that the major reduction in corporate income tax can be deferred for a year. On Tuesday, the Washington Post reported that Republican leaders in the U.S. Senate are considering the possibility to postpone a key reduction in the corporate tax rate to fulfil the rules of the Senate.