stronger US economic data continued underpinning the greenback demand, with the pair extending its rejection slide farther below the 1.1700 handle during the Asian session on Wednesday. Investors now brace for a packed US economic docket, with the key focus on the latest FOMC monetary policy update, for some meaningful impetus. The Fed is universally expected to leave interest rates unchanged but the accompanying statement will be looked upon for fresh signals over the upcoming rate hikes. This coupled with important macro releases, scheduled at the start of a new month, including the keenly watched US monthly jobs report (NFP) will play an important role in driving market sentiment surrounding the buck. In the meantime, today's release of ADP report on private sector employment and ISM manufacturing PMI might also assist traders to grab some short-term opportunities
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