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Dollar Edges Higher Ahead of Wednesday’s FOMC Decision

Foreign Exchange & Fixed Income

Rich Asplund

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Barchart

The dollar index (DXY00 ) on Tuesday rose by +0.08%. The dollar posted modest gains on Tuesday after US Nov retail sales rose more than expected. Also, the weakness in stocks Tuesday boosted liquidity demand for the dollar. Gains in the dollar were limited after US Nov manufacturing production rose...

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