(Reuters) - The dollar dipped against the yen but was mostly steady on Wednesday as investors looked to see if the Federal Reserve would give any signals to back up market expectations for an interest rate cut later in the year.
The yen posted broad gains as investors took profits on carry trades -- using the low-yielding Japanese currency to fund purchases of higher-yielding currencies and assets -- before this week's string of central bank meetings.
Read more at Reuters Africa
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