US$ ticks up against euro; focus on Fed meeting

London

CURRENCY markets were off to a relatively quiet start on Monday, stabilising after last week's wild swings as investors geared up for Japanese and US central bank policy meetings that could offer them fresh direction.

There are also interest rate decisions from the Swiss, Australian and Norwegian central banks this week, along with the Bank of England. All these meetings are likely to provide a test of central banks' ability to successfully manage market expectations, analysts said.