Dollar down after Fed statement as fewer rate hikes seen
By Dion Rabouin NEW YORK (Reuters) - The dollar fell against a basket of major currencies on Wednesday following the Federal Reserve's decision to keep its overnight interest rate unchanged and the release of a statement suggesting it was re-evaluating the pace of future hikes. The statement highlighted concerns about global growth, saying the U.S. central bank's governors would be "closely monitoring" global economic and financial developments, but also maintained a generally positive view of t
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