EconomyDollar steady ahead of Fed decision; Aussie falls after inflation data
The U.S. dollar stayed close to a one-month high on Wednesday. Renewed hostilities in the Middle East added to the backdrop as traders waited for the Federal Reserve’s key interest-rate decision later that day. The Australian dollar declined after inflation figures were released. Attention remained focused on the policy decision and its possible effect on currency markets.
Dollar steady ahead of Fed decision; Aussie falls after inflation data