Asia FX flat as dollar rises before the Fed; yen plumbs 4-mth lows

Asia FX flat as dollar rises

Most Asian currencies moved little on Wednesday amid caution before more signals on interest rate cuts from the Federal Reserve due later in the day, with the dollar sitting at two-week highs. The Japanese yen extended its declines after the Bank of Japan struck a largely dovish chord, despite hiking interest rates for the first…

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