FOREX-Dollar sticks to tight ranges ahead of widely expected Fed rate hike [Reuters]
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Source: Reuters
FOREX-Dollar sticks to tight ranges ahead of widely expected Fed rate hike | Reuters 4 Min Read * Dollar hovers at near 10-week high vs yen * Aussie, kiwi gain on New Zealand business sentiment figures * Graphic: World FX rates in 2018 tmsnrt.rs/2egbfVh By Daniel Leussink TOKYO, Sept 26 (Reuters) - The dollar largely stuck to tight ranges on Wednesday as investors awaited policy cues from the Federal Reserve, which is widely expected to raise interest rates later in the day, and as the Sino-U.S. trade dispute dampened demand for risky assets. Investors were also watching talks between U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe due in New York later on Wednesday to see if the two countries have made progress on how to promote bilateral trade following a round of trade negotiations. Global markets have been on edge in the past few months as the escalating Sino-U.S. trade dispute stoked uncertainty about the outlook for global growth and broader monetary policy f
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