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Dollar drifts up as investors await Fed minutes
Published Wed, Oct 8, 2014 · 09:50 PM
New York
THE dollar inched higher against most major currencies on Wednesday, after losses in the previous sessions, as traders consolidated positions ahead of the release of minutes from the Federal Reserve's most recent policy meeting.
The minutes from the US central bank's rate-setting Federal Open Market Committee (FOMC) are due later and investors will be looking for indications of how soon the Fed plans to raise interest rates.
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