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US$ steadies, cautious stance from Fed expected
Published Wed, Oct 29, 2014 · 09:50 PM
London
THE dollar steadied on Wednesday as investors awaited guidance from the US Federal Reserve, expected to reiterate a cautious stance on raising interest rates when it wraps up a two-day policy meeting later in the day.
In European trading, the Norwegian crown slipped towards a four-month low against the euro, after data showed Norwegian unemployment surging and consumption falling, fuelling interest rate cut bets.
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