Daily Forex Report – USD pares gains, core inflation remains subdued

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USD: Mixed, Fed says discount rate hike not a policy change, CPI rose less than expected JPY: Lower, Nikkei declines in reaction to surprise Fed rate hike EUR: Higher, manufacturing PMI continues to expand, services PMI growth slows GBP: Lower, Telegraph warns UK vulnerable to worse deficit crisis than Greece, retail sales decline CAD and AUD: AUD & [...]