Dollar slips as markets wait on Warshs Fed debut (opens original article in a new tab)

The dollar slipped as investors awaited the Fed's policy meeting and optimism over a U.S.-Iran peace deal, while the Japanese yen weakened after the BOJ raised rates.

• The dollar dropped as markets awaited the Fed's policy meeting and optimism over a U.S.-Iran peace deal.
• Fed Chair Kevin Warsh's potential hawkish stance influenced market expectations.
• The Japanese yen weakened after the BOJ raised its benchmark rate to 1% for the first time since 1995.