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Most Asia units slip on trade talk uncertainty; Fed decision eyed

Reuters March 20 (Reuters) – Most emerging Asian currencies weakened fractionally on Wednesday, as investors awaited a U.S. Federal Reserve policy statement and a media report on Sino-U.S. trade talks dented sentiment. Bloomberg reported on Tuesday that U.S. officials were concerned that China is pushing back against some U.S. demands, despite President Donald Trump’s optimism about reaching a deal. Currency market attention was locked on the Fed statement, expected early Thursday Asia time. The Philippine peso weakened 0.1 percent to 52.85 per dollar. At its first meeting under newly-appointed chief Benjamin Diokno, the Philippine central bank is expected to […]

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