Updated on
Summary Dollar traded in tight ranges against other major currencies ahead of a Federal Reserve meeting.
The dollar is trading in tight ranges against most other major currencies ahead of a Federal Reserve meeting later this week.Traders are waiting to see if the central bank will announce additional steps to help the U.S. economy at the end of its two-day meeting on Thursday.Fed Chairman Ben Bernanke said in a speech in late August that the bank can do more to help the U.S. economy rebound.The euro fell to $1.2769 late Monday from $1.2795 late Friday. The British pound fell to $1.5998 from $1.6004.The dollar rose to 0.9464 Swiss franc from 0.9457 Swiss franc.The dollar slipped to 78.28 Japanese yen from 78.29 yen and to 97.76 Canadian cents from 97.82 Canadian cents.
