Dollar rises against euro ahead of Fed statement

The dollar traded higher against the euro Tuesday as an unnerving breakdown in talks between Greece and its creditors caused investors to reassess the odds the highly indebted country might default on its debt.

The euro EURUSD, +0.0800%  weakened to $1.1241, from at $1.1279 late Monday in New York, but was up from a session low of $1.1205.

The dollar traded at USDJPY, +0.05% ¥123.36, off its session highs but little changed from its levels late Monday in New York.

The ICE U.S. Dollar Index DXY, -0.05% a measure of the dollar’s strength against a basket of six currencies, was up 0.2% to 94.9990, around its level from Friday afternoon in New York.

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