Dollar flat against rivals ahead of FOMC

The dollar was basically flat against rival currencies in Asian trade Tuesday, as investors remained reluctant to make major moves ahead of the closely-watched Federal Open Market Committee policy meeting. As of late Asian trade, the dollar  was at ¥107.21 compared with ¥107.19 late Monday in New York, but still close to its six-year high of ¥107.39 registered on Friday. After hitting as low as ¥106.93 on what appears to be selling related to position adjustments in the late morning, the greenback saw brief selling in the early afternoon after a strong earthquake shook the Tokyo region, pulling down Nikkei futures. But the dollar recouped its earlier losses as the stock market bounced bank and the quake impact turned out to be minor. The euro  was at $1.2938 from $1.2941, meanwhile the UK pound was lower at $1.6217 against $1.6233 ahead of Scotland’s independence vote, according to marketwatch.com