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Dollar on the defensive ahead of first Fed decision under Warsh (opens original article in a new tab)

TL;DR

The dollar weakened ahead of the Federal Reserve's first policy decision under Kevin Warsh, with optimism over a potential US-Iran peace deal reducing demand for the US currency.

  • Dollar eased on Wednesday
  • Federal Reserve's first policy decision under Kevin Warsh approaching
  • Interim US-Iran peace deal optimism affecting currency demand

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