The dollar ceded some of its overnight gains on Wednesday while Asian stocks put in a mixed display as traders weighed the odds of a super-sized Federal Reserve interest rate cut later in the day.The U.

The dollar lost ground on September 18, while Asian stocks delivered mixed results ahead of the Federal Reserves upcoming interest rate decision. The yen gained after a strong U.S. retail sales report reduced

Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. In Tokyo, the Nikkei 225 index jumped 2.