Investing.com - The dollar moved off 13-month lows Wednesday ahead of the outcome of the FOMC meeting.
The dollar index was up 0.11% at 94.02 at 02:45 ET, close to its highs for the session.
The Fed is widely expected to stand pat on policy with the focus on its statement for further clues to the tightening path.
Investors will be looking for any signals on the timing of the start of the expected tapering of the Fed's balance sheet.
The U.S. Senate Tuesday voted to proceed with a debate on the repeal of Obamacare.
The euro slipped but held above $1.16 as the idea persisted the ECB will begin removing accommodation sooner rather than later.
The (pound) traded above $1.30 ahead of a preliminary reading of U.K. second-quarter GDP.
The dollar was steady against the yen at below the 112 level.
The Aussie fell below $0.79 as Australian second-quarter inflation came in below estimates.
That reinforced the idea the RBA will be in no hurry to raise rates.