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Dollar rallied ahead of Fed announcement of interest rate
01 August 2018 10:54 p
01 August 2018 10:54 p
Direct : The US dollar rose against major currencies during trading on Wednesday in anticipation Fed meeting and the declaration of economic data.
By 7:50 GMT, the dollar was steady against the euro at $ 1.1692, while rising against the yen at 112.12 yen, up 0.2%.
The greenback was steady against the British pound at $ 1.3123, while rising against the Swiss franc by 0.1% to 0.9915 francs.
The main dollar index, which measures the performance of the currency against six major currencies, rose by 0.06% to 94.590 dollars.
Investors are waiting for the results of the Federal Reserve meeting, which began yesterday, and the president's speech after the announcement of the monetary policy decision on interest rates, and gives "Jerome Powell" comments on the financial policy and the state of the economy.
US jobs, construction spending and the ISM industrial production index in the US are due later in the day.
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