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Dollar trades in tight ranges ahead of Fed minutes


February 16. 2013 6:27PM
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(AP) The dollar is trading in tight ranges against most major currencies ahead of the release of the minutes from the Federal Reserve's latest policy meeting.


Traders are looking for hints that the central bank may be considering action to boost the U.S. economy.


The euro was practically unchanged at $1.2466 in afternoon trading from $1.2467 late Tuesday.


The dollar was flat at 0.9634 Swiss franc. It slipped to 79.18 Japanese yen from 79.25 yen.


The British pound rose to $1.5794 from $1.5779. The dollar rose to 99.33 Canadian cents from 98.90 Canadian cents.


Associated Press


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