Dollar steadies ahead of Fed’s decision

The US dollar also steadied against most of its peers on Wednesday, ahead of the Federal Reserve's interest rate decision.

The US Federal Reserve's decision will be later today and will be followed by a press conference from the Fed Chief Jerome Powell to comment on monetary policy.

Powell has hinted at reducing the size of the Fed's asset purchases before the end of the year.

Otherwise, the US House of Representatives passed a bill to avoid government shutdown and suspended the debt limit.

The dollar index held against a basket of currencies at 93.2 points as of 17:48 GMT, after it hit a high of 93.2 points and a low of 93.1 points.