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Initial reaction sees greenback soften,......>

DOLLAR: Initial reaction sees greenback soften, helping tip EUR/USD to fresh
highs up at $1.1241 but yesterday's highs still in tact at $1.1243. On the
margin, Fed decision seems dovish, with a particularly large drop in the
end-2020 median Fed funds dot (down to 2.125% from 2.625% previously). USD
holding at lower levels ahead of the press conference in just under 30 minutes'
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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