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Currency Market Analysis

Global Themes

Decision Day for America’s central bank found the U.S. currency little changed overall, keeping near multimonth peaks against a currency basket and the Canadian dollar. For a second straight day, the yen was the biggest mover, posting a big decline after logging a big gain on Tuesday. The perceived sticker price of Japanese stimulus that could arrive Friday continues to be the yen’s guiding light. Sterling weakened despite data that showed a strengthening in the U.K. economy during the second quarter. Subdued inflation Down Under weighed on the Aussie dollar. The Fed today will issue a policy

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