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Dollar, euro steady ahead of Fed, ECB, China data hit oil

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By Marc Jones LONDON (Reuters) – The dollar steadied on Wednesday as investors awaited the outcome of the U. S. Federal Reserve’s policy meeting later in the day, while expectations that the European Central Bank would cut interest rates on Thursday capped the euro. Having enjoyed their best April since 1997, European stock markets were quiet as May got underway with most countries closed for Labor Day holidays. London’s FTSE 100 was the exception, climbing 0. 2 percent in a thin bout of opening trading. . . .

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