U.S. weakens before FOMC meeting

Source: Bloomberg
The U.S. Dollar weakened versus most of the 16 major counterparts before the FOMC's 2-day meeting tomorrow. The Dollar Index fell 0.1% to 80.361, 4-month low, on speculation the Fed will launch third round of QE, which usually debases the Dollar. The USD lost 0.1% to 78.22 Yen and 0.1% to $1.2765 per 17-nation currency.  

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