US Dollar holds firm as investors await Fed rate decision
The dollar held steady Wednesday as markets awaited a Federal Reserve rate decision. Investors also monitored Middle East tensions and potential yen moves.
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The United States dollar index rose to 98.57 on Wednesday as investors awaited a Federal Reserve interest rate decision. The greenback gained 0.1% overnight while markets in Japan remained closed for a public holiday. Fed commentary on Middle East stability will determine if the dollar's safe-haven rally continues through May.
