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Politics Downs Dollar

From marketpulse.com

Global equities trade mixed while the yen (¥110.78) climbs for a fifth consecutive session at the start of a week packed with more earnings results and a FOMC interest-rate decision. Oil prices remain under pressure ahead of todays OPEC and non-OPEC officials meeting in Russia amid concerns over the global supply. The Fed meeting is midweek (Wednesday July 26, 2:00 pm EDT). No change in policy is expected. However, the market will be looking for guidance regarding the next fed funds interest rate increase and when the Fed will begin the long awaited reduction in its balance sheet. Also this week, investors will get a ... (full story)

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