The greenback dipped further before Fed’s meeting to determine the interest rate trajectory, on the other hand the yen ticked up after BOJ decided to hike interest rate, moving closer to ending years of stimulus policy.

The dollar index that gauges the greenback versus its major pairs slipped 0.3% lower to 103.992, trading within a narrow range.

The Federal Reserve will wrap up its two-day policy meeting on Wednesday, with high predictions that Fed will likely leave interest rates steady, these expectations are sending the dollar.

EUR/USD ticked up by 0.1% to 1.0823, Following data indicating that the eurozone's economy expanded by 0.3% in the quarter ending in June, which was a bit higher than anticipated.

GBP/USD slumped to 0.1% lower to 1.2826, before BOE meeting, with expectations hovering around seeing rate cut or unchanged interest rate.

USD/JPY dipped 1.4% to 150.66, as the yen surged on news of the rate hike by 15 decided by BOJ.

AUD/USD plunged by 0.7% to 0.6492, touch a trough in three months, that followed cool CPI figures for June.

USD/CNY dropped 0.4% to 7.2256, as eased PMI figures and bolstering government comments boosted predictions for further stimulus stance.