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Dollar Rises ahead of Fed Meeting


Dollar Rises ahead of Fed Meeting (Reuters)

Investors expect that the Federal Reserve will decide to continue its stimulus policy in its meeting this week. This led them to invest in the U.S. dollar, sending it up against rival currencies for the third straight session. Eric Viloria, currency strategist at Forex.com in New York, said, “I would say that the rebound we’re seeing today is probably just some short-covering ahead of the statement tomorrow.”