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NEW YORK, Oct 16 - The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve officials that will be watched for further clues on interest rate policy and as investors monitored developments in the Middle East.
“The market is going to be focused on do we get a reacceleration in the economy early next year and does that feed into inflationary pressures,” said Edward Moya, senior market analyst at OANDA in New York. Fed Chairman Jerome Powell will speak on Thursday, during a busy week of speeches by regional bank heads. Fed officials will enter into a blackout period on Oct. 21 before the Fed’s Oct. 31–Nov. 1 meeting.
The Israeli shekel weakened to a more than eight-year low of 3.994 against the greenback as the war between Israel and Hamas continued.
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