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Currencies go wild as Fed leaves traders in limbo

New York

FOREIGN-EXCHANGE volatility, already the highest in four years, looks set for an extended stay after the Federal Reserve rattled markets last week by not raising interest rates.

With the central bank leaving the question of when it will move hanging over markets, its focus on economic data and international circumstances means every report will stir more volatility, according to Morgan Stanley.

US Federal Reserve Chair Janet Yellen says she's monitoring risks from China, while policymakers...

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