Dollar Lower Against Yen Ahead of Both Countries’ Central Bank Meetings

September 19, 2016 2:35 PM

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Dollar Lower Against Yen Ahead of Both Countries’ Central Bank Meetings

Recent U.S. data has been mixed, which is seen keeping Fed on hold

The dollar fell against the yen Monday, as investors bet that the Federal Reserve will leave rates unchanged at its monetary policy meeting this week, while Japan’s central bank is unlikely to move to stem its currency’s recent strength.

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