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Asian shares sluggish, dollar holds firm before Fed
Asian shares were subdued while the dollar held steady near an eight-month high against the euro on Wednesday, as investors awaited key U.S. data as well as a U.S. Federal Reserve meeting that some believe might result in a more hawkish policy outlook. The Fed's two-day policy meeting will conclude later in the session with central bank officials issuing the policy statement at 2 p.m. (18:00 GMT). The Fed will not be updating its economic forecasts and Chair Janet Yellen will not hold a press conference, keeping investors' focus squarely on the statement. The U.S. central bank is expected to cut its monthly ... (full story)