Dollar Weakens As Fed Leaves Interest Rates On Hold

The dollar weakened Wednesday against its main rivals after the Federal Reserve left interest rates on hold while offering no hint that a hike might follow later this summer. The euro climbed to $1.1283 after the Fed decision, compared with $1.1240 shortly beforehand. The dollar slid to 105.73 yen from 105.90 yen shortly before. The pound strengthened to $1.4172 from $1.4147.

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