The US dollar index edged sharply lower on Wednesday after registering 2 sessions of gains ahead of the FOMC minutes release later in the day for more clues on the timing of the Federal Reserves first interest-rate hike. The Fed is expected to begin raising interest rates as early as March amid a robust US economic rebound and surging inflation and despite a spike in omicron coronavirus infections. The dollar index edged down to as much as 96.06 from 96.28 during earlier in the global day.
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