Forex: Top FX Headlines: Preview for July FOMC Decision & Outlook for USD-, JPY-crosses: 7/26/17

– Today’s FOMC meeting is an ‘off-cycle’ meeting without new economic projections or a Fed Chair Yellen press conference.
– Key aspect in policy statement today for US Dollar will be whether or not FOMC issues concern over inflation; if not, focus should be on timing of balance sheet normalization and next rate hike.

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