Markets braced for dollar to rally post-FOMC
Traders and investors have continued to take advantage of the recent weakness of the US dollar ahead of the conclusion of the Federal Reserve Open Market Committee (FOMC) meeting later today, which is expected to shed some light on the central bank's monetary policy and a possible tapering of bond purchases.
EUR/USD has climbed from 1.29 since May 28 to trade at 1.34 earlier today, while the dollar has also fallen against the yen and sterling, prompting participants to buy the currency before it
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