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US futures are also only up slightly around 0.1%, so it’s really not indicative of much. In FX, the pound is up slightly after the UK CPI report earlier here. Meanwhile, USD/JPY is keeping thereabouts at 141.70 since Asia trading mostly but down 0.5% on the day. There isn’t too much else happening with traders having to wait on the Fed policy decision later.
This article was written by Justin Low at www.forexlive.com.
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