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The U.S. Dollar is trading in familiar ranges as markets await tomorrow's Federal Open Market Committee decision, with equities finding support as roughly seventy point zero percent of S&P 500 firms beat sales estimates amidst mixed international trade headlines. Key currency movements include Sterling falling to an early-August low following a potential U.K. productivity downgrade, while the Yen has gained ground on a positive trade tone and discussion of potential intervention. With the Federal Reserve, Bank of Canada, Bank of Japan, and European Central Bank all meeting this week, foreign exchange volatility is expected to rise around their respective communications.
