Fed leaves interest rates unchanged, as expected

A rate hike in December remains likely as the U.S. central bank continues to focus on inflation, which remains well above its 2% target.

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FXStreet: NZD/USD falls sharply on Wednesday, losing 0.98% on the day to trade around 0.5625 at the time of writing. The New Zealand Dollar (NZD) faces significant selling pressure after the Reserve Bank of New Zealand (RBNZ) unexpectedly left its benchmark interest rate unchanged.

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