FX trade was quiet into the FOMC announcement, though the dollar initially spiked higher after the as expected, no-change rate outcome from the FOMC. The dissent in favor of a hike by KC Fed's George, may have given a boost to the buck, though gains quickly reversed. EUR-USD fell to 1.1271 from 1.1345, before ramping back over 1.1360. USD-JPY popped to 111.75 from 111.40, the fell under 1.1110. The statement indicated labor markets are improving, though growth appears to be slowing.
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