The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling, hurt by a combination of surprisingly robust European activity data and cooling U.S. business growth.

Investing.com-- Most Asian stocks rose on Wednesday on an extended rebound in the technology sector as investors awaited key earnings from some of the biggest companies in the world. Tech stocks also benefited from bargain hunting after

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5%, helped by a 1% jump in Taiwanese shares and a 0.8% advance in Hong Kong's Hang Seng index.

Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors are focused on earnings reports from the U.S. megacaps, and the yen hit multi-year lows against the dollar and the euro.