FOREX-Dollar steadies Ahead of Fed Decision

FOREX - The dollar steadied on Wednesday ahead of the U.S. Federal Reserve's policy decision, with investors on edge for hints of how much interest rates might fall this year, while they broadly expect the central bank to keep policy unchanged for now.

Expectations that trade policies under President Donald Trump could boost U.S. growth, but also push up inflation, had left markets betting on higher-for-longer interest rates in the lead-up to the inauguration, which in turn supported the dollar.