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Live News FX ARTICLE M impact

Dollar edges higher as Fed hike bets rise amid crude disruption

The U.S. dollar ticked higher as traders raised expectations for a Fed rate hike ahead of the end of its two-day meeting, citing fresh crude oil supply disruption concerns after Saudi Arabia announced closure of a vital pipeline.

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S. S. Federal Reserve will raise interest rates at the end of its two-day meeting tomorrow, after fresh concerns over crude oil supply disruptions following Saudi Arabia's announcement of a closure of its vital pipe.