Dollar Sell-Off Resumes after PPI; Spotlight Shifts to FOMC Hold

<p>Dollar is facing renewed selling in early US session as data reveals a further slowdown in upstream inflation via PPI. All eyes are now on the much-anticipated FOMC rate decision where a &#8216;hold&#8217; is broadly expected. However, the possibility of an upside surprise in both inflation projections and the dot plot remains, suggesting that we [&#8230;]</p>
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