The dollar fell versus most of its major peers before a policy statement from the Federal Reserve, which is forecast to maintain its monthly asset purchases.
The Bloomberg U.S. Dollar Index snapped a three-day gain as companies added fewer workers than projected in October and inflation rose the least since April. The Fed will maintain purchases of Treasuries at $45 billion and mortgage-backed securities at $40 billion, according to economists surveyed by Bloomberg. The euro rose for a fifth day versus the yen after Spain exited a two-year recession. Brazil’s real dropped.
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