EUR/USD loses grip on 1.3400 level

The EUR/USD foreign exchange rate has relinquished its gains Wednesday, having traded in the heights of 1.3412 (session high) and falling below the 1.3400 barrier.
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Session Recap: It's all about the Fed, USD stagnant

The USD is trading largely within yesterday's ranges versus most competitors ahead of the much anticipated Fed decision and subsequent Bernanke press conference.
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