Key Points
TOKYO (Reuters) The dollar held narrow ranges against its major peers on Tuesday, as traders awaited the Federal Reserves monetary policy decision for clues on when the U.S. central bank might cut rates...
In the meantime, jobs opening data from the U.S. Department of Labor Statistics due later in the day will act as a preview to the closely watched payroll report to be released on Friday...
The dollar was steady in the Asian morning, with market participants moving cautiously ahead of the two-day FOMC meeting that kicks off on Tuesday...
Markets are currently pricing in a 46.6% chance that the U.S. central bank will begin cutting in March, dropping from 73.4% a month ago, according to the CME Groups FedWatch Tool, as data reinforces views that economic growth remains solid...
Meanwhile, European Central Bank policymakers on Monday disagreed on the exact timing of a cut or the trigger for action, although that hasnt stopped traders from fully pricing a move in April...
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