Dollar Advances But Sideways Range Continues

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The U.S. dollar briefly posted a fresh 14-year high yesterday at 103.81 but pulled back to close the day at 103.23. Price action remains broadly flat with 103.50 seen as a strong resistance level that is proving hard to be broken. On the economic front, the dollar gained on better than expected ISM manufacturing PMI. Looking ahead, today's FOMC meeting minutes will be the key risk for the markets....

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