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All eyes are on Tuesday's FOMC meeting, and what the US FED may say, or not say regarding low interest rates, the economy, unemployment, and the dollar. As such, the dollar opened weaker this week as weekend news reports raised arguments against the dollar and ability of the FED to make changes. However, China's Premier Wen at the National People's Congress stated that risks in the global economy may cause setbacks which will limit the world's financial recovery. This caused Asian stock markets to give back their early gains and trade lower on the day, thus causing the dollar to rally on risk aversion buying.
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