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FX Desk

Forex Today: US Dollar eases ahead of Bank of Japan decision

Forex Today: US Dollar eases ahead of Bank of Japan decision

The US Dollar (USD) is ending Thursday softer. The US Dollar Index (DXY) hovers just above the 100.00 mark after climbing to a seven-week high earlier in the week. The sideways action follows Wednesday's decision by the Federal Reserve (Fed) to raise interest rates for the first time since 2023.

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