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Dollar dips ahead of Fed decision
The dollar declined ahead of the Federal Reserve's decision at the end of the day, amid optimism about a provisional agreement between the United States and Iran, and stability in major currencies like the euro and the British pound. The U.S. central bank is expected to maintain a neutral stance while monitoring any signs of a shift away from monetary easing, while the Bank of Japan raised interest rates to their highest level in 31 years to support the weakening currency.
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