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NEW YORK, March 14 (Xinhua) — The U.S. dollar decreased in late trading on Monday as market participants are awaiting a key meeting from the Federal Reserve.
The dollar index, which measures the greenback against six major peers, slid 0.12 percent at 99.0010 in late trading.
In late New York trading, the euro rose to 1.0963 U.S. dollars from 1.0910 dollars in the previous session, and the British pound decreased to 1.3019 dollars from 1.3037 U.S. dollars in the previous session. The Australian dollar was down to 0.7195 U.S. dollar from 0.7296 dollar.
The U.S. dollar bought 118.09 Japanese yen, higher than 117.34 Japanese yen of the previous session. The U.S. dollar increased to 0.9377 Swiss franc from 0.9347 Swiss franc, and it rose to 1.2824 Canadian dollars from 1.2726 Canadian dollars.
The Fed will kick off its two-day meeting on Tuesday, followed by a policy announcement and Fed Chair Jerome Powell’s press conference on Wednesday.
The U.S. central bank is widely expected to announce its first quarter point rate hike in years.
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