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Dollar steady ahead of Fed decision, kiwi slumps after RBNZ holds
SINGAPORE: The US dollar held at a two-week high on Wednesday ahead of policy decisions from central banks, with the Federal Reserve widely expected to leave its policy interest rate unchanged while signalling the probability of any December move. Most of the dollar’s peers were unmoved ahead of the Fed decision. The euro was flat at $1.1129, as was the British pound at $1.3307. Against the yen , the dollar oscillated between gain and loss and was last 0.1% weaker at 157.81 yen. The kiwi dollar sank as much as 1.7% to $0.5585 after the Reserve Bank of New Zealand unexpectedly held interes...
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