Forex Top Story

Dollar Pares Gains After Hitting Near 2-month High

The U.S. dollar was steady against major currencies on Tuesday, ahead of the Federal Reserve's monetary policy statement, due on Wednesday. The currency's safe-haven appeal amid concerns about the impact of the coronavirus spread on the global economy helped its uptick.

The dollar index hit a near 2-month high, rising to 98.16 in late morning trades. It however, shed gains and was last seen at 97.99, up just 0.03% from previous close.

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by RTTNews Staff Writer

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