The Euro is inching higher in a cautious trade on Tuesday as traders prepare for the start of the U.S. Federal Reserve’s two-day monetary policy meeting. Weaker Treasury yields are also weighing on the greenback. Fed policymakers are expected to leave interest rates unchanged and are not considered likely to change their monetary policy, however, they are expected to forecast that the U.S. economy will grow in 2021 at its fastest rate in decades with unemployment falling and inflation rising. At 12:40 GMT, the EUR/USD is trading 1.1935, up 0.0004 or +0.03%. Investors will closely assess whatever the Fed has to say ... (full story)