Special Report

The dollar was little changed against a basket of currencies on Tuesday, the Fed which cut its key interest rate to near zero last month concludes its two - day meeting on Wednesday the market will be on alert for word of any new policy initiatives including purchases of U.S government bonds.
Late in New York the dollar was nearly unchanged against a basket of six major currencies at 84.44 it was down 0.1%.
The Euro rose0.1 percent to 1.3178 but was below a one –week high above 1.33 hit after data showing a surprise gain in German corporate sentiment.
There were few signs of improvement in the U.S economy on Tuesday, data industry group conference board showing U.S consumer confidence, another report showed U.S home prices fell by a record 18.2 percent in the year to November.