NEW YORK: The dollar held modest losses against a basket of currencies on Wednesday as payroll processor ADP said US companies added 275,000 workers in April, the biggest monthly gain since last July and exceeding analysts' forecast of a 180,000 increase.

At 8:28 a.m. (1228 GMT), an index that tracks the greenback against the euro, yen, sterling and three other currencies was 0.05% lower at 97.426.