Dollar steady before Warsh rate decision
The dollar steadied ahead of the Federal Reserve's first decision under the leadership of Kevin Warsh, with expectations that it would keep interest rates unchanged amid a state of uncertainty regarding the monetary policy path and economic outlook. The market is awaiting the bank's statement and the press conference to see if there are any signals of tightening or easing policies, especially in light of some central banks' movements and the decline in oil prices, which reduces inflation concerns.
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