💨 Abstract
The dollar rallied ahead of the Federal Reserve's interest rate decision but retreated after market stabilization following Turkey's detention of President Erdogan's main rival. Traders also consider the Bank of Japan's decision to hold rates steady and the impact of Trump's policies on the U.S. economy. The Fed's policy decision will reveal their stance on Trump's policies and the rate outlook.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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