The U.S. dollar regained some ground on Wednesday after a sharp selloff, with President Donald Trump brushing aside its recent weakness, while robust earnings helped keep global stocks close to record levels before a Federal Reserve (Fed) rate decision.

The U.S. currency nudged off four-year lows, but sentiment remained fragile following the sharpest selloff since Trump's tariff blitz rocked markets last April.

European share β€Œmarkets fell, while U.S.

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