In U.S. trading on Wednesday, EUR/USD was down 0.38% at 1.3341.
The dollar softened earlier this week amid concerns that the U.S. may launch missile strikes against Syria for its alleged use of chemical weapons in its civil war despite warnings to avoid such actions from Russia, China and Iran.
By Wednesday, however, the dollar rose after the U.S. and its allies were preparing an organized and coordinated attack against Syria, which bolstered the currency's safe-haven appeal.
British Prime Minister David Cameron drafted a United Nations resolution condemning the use of chemical weapons in Syria while "authorizing necessary measures to protect civilians" on Wednesday.
The U.N. Security Council was studying draft language, and with a veto possibly to come from Syrian allies Russia and China resulting in a deadlock, U.S. and U.K. policymakers were expected to look for ways to justify military strikes without a U.N. mandate.
Elsewhere in the U.S., the National Association of Realtors reported that U.S. pending home sales fell 1.3% in July, more than consensus forecasts for a 0.5% fall after a 0.4% loss in June.
Softer-than-expected U.S. economic indicators tend to keep expectations going that the Federal Reserve will begin tapering dollar-weakening stimulus measures such as monthly asset purchases later rather than sooner, though geopolitical concerns trumped soft housing data on Wednesday.
Meanwhile across the Atlantic in Bank of England Governor Mark Carney said monetary authorities were ready to boost stimulus programs if investor expectations for higher interest rates reach the point that they undermine the U.K.'s economic recovery.
Earlier in the month, Carney said BoE policy makers plan to keep the benchmark interest rate at a record-low 0.5% for at least three years though improving U.K. economic indicators have many betting that rates may rise sooner than expected
The greenback was up against the pound, with GBP/USD down 0.13% at 1.5526.
The dollar was up against the yen, with USD/JPY up 0.70% at 97.72, and up against the Swiss franc, with USD/CHF trading up 0.44% at 0.9218.
The dollar was up against its cousins in Canada, Australia and New Zealand, with USD/CAD up 0.04% at 1.0478, AUD/USD down 0.41% at 0.8947 and NZD/USD trading down 0.01% at 0.7797.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.33% at 81.45.
On Thursday, the U.S. is to publish revised second-quarter gross domestic product growth rates as well as the weekly report on initial jobless claims.
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