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Dollar index steadies below 100 ahead of Fed meeting

Published 01/02/2017, 07:04 pm
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Investing.com - The dollar Wednesday steadied at lower levels ahead of the FOMC meeting.
The dollar index was up 0.19% at 99.72 at 02:30 ET. It rose 0.45% to 113.31 yen.
The Fed is expected to keep its target rate on hold at Wednesday's FOMC meeting.
The pace of expected U.S. rate hikes could pivot on whether Trump delivers on fiscal stimulus plans.
The euro edged lower after strong gains Tuesday on a Trump aide comments on trade.
The aide accused Germany of exploiting a "grossly undervalued" euro.
Sterling was lower ahead of the BoE meeting on Thursday with no change in policy expected.

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