The euro edged higher against the dollar on Tuesday, recovering some of the ground lost the day before, ahead of a two-day meeting of the U.S. Federal Reserve that is expected to leave benchmark interest rates unchanged again.
The 16-nation euro bought $1.3886 in morning European trading, up from the $1.3865 it bought late Monday in New York. The dollar bought 95.01 Japanese yen, down slightly from 95.93 yen in New York late Monday.
The British pound slipped to $1.6246 compared with $1.6344 the night before.
Analysts expect the Fed to keep the target range for its bank lending rate between zero and 0.25 percent through the rest of this year and …
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