The dollar held steady during the session, as it began to recover from Friday's losses caused by downbeat U.S. economic reports and as markets turned their attention to the Federal Reserve 2 day policy meeting which will begin today. The greenback had broadly weekend after data on Friday showed that U.S. industrial and manufacturing production august. In addition, the U.S. Commerce Department said retail sales unexpectedly fell by 0.2% in August. The Fed is expected to leave interest rates unchanged but it could give indications on when it plans to begin unwinding its balance sheet.
Source: Investing
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