US$ steadies; markets still wary ahead of Fed meet

London

THE US dollar steadied against the yen and euro on Tuesday after its weakest day in a week, with markets still uneasy that a Federal Reserve meeting ending on Wednesday may provoke more investors to cash in the greenback's recent gains.

Barclays was the latest major bank to cast some doubt on a US dollar rally extending into a first quarter set to be dominated by the first policy initiatives from the Trump administration.