Forex Top Story

Dollar Largely Subdued As Traders Turn Cautious After Recent Gains

After two successive days of solid gains, the U.S. dollar was quite subdued on Wednesday, as traders seemed to take some profits ahead of the upcoming monetary policy meeting of the Federal Reserve.

Data from the U.S. Commerce Department that showed a substantial rebound in new home sales in the month of June weighed on greenback a bit.

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by RTTNews Staff Writer

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