Early trade in New York: Euro little changed

The euro was little changed against the dollar on Wednesday after earlier hitting a two-month high as investors adjusted positions ahead of the Federal Reserve's policy statement later in the day. None expect the US central bank to announce any change in its benchmark interest rate, but investors are cautious and looking for confirmation from the Fed that its focus remains on supporting growth and not on inflation.
The euro rose to $1.3723 on trading platform EBS, its highest since November 22, before dipping back to $1.3688, little changed from the prior close. The session low was $1.3643. The dollar was up 0.1 percent at 82.32 yen.