The dollar held near a two-week high on Wednesday ahead of the Federal Reserve’s closely-watched policy decision later in the day, supported by a surprisingly dovish European Central Bank and bearish eurozone economic data.The Fed is widely expected to stand pat on monetary policy this time but open the door for an interest rate cut at the next meeting in July.The market has mostly priced in a July rate cut and unless there is a big dovish surprise at the FOMC (Federal Open Market Committee) meeting it is hard to imagine the dollar coming under downward pressure.But there will be a lot to digest at this FOMC, such as the Fed’s views on the economy and prices and Chair (Jerome) Powell’s comments. It is hard to tell which of these factors the market decides to latch on and react to.......