The Australian and New Zealand dollars moved lower against their U.S. counterpart on Wednesday, as the greenback regained some ground after declining broadly due to lower expectations for a U.S. rate hike before the end of the year.

The greenback found mild support after the Commerce Department said on Tuesday that personal spending increased more than expected, by 0.4% in June, while household spending also climbed 0.4% in May.

The report also showed that personal income rose 0.2%, falling short of forecasts of 0.3% growth.

But the greenback remained under pressure after Dallas Fed head Robert Kaplan urged caution on raising U.S. interest rates amid a raft of risks facing the global economy.

Expectations for a U.S. rate hike before the end of year also declined last week’s surprisingly weak U.S. second quarter growth data.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.16% at 95.17, just off the previous session’s five-week lows of 94.94.