Hong Kong dollar, rates steady ahead of Fed decision

Hong Kong dollar, forwards and interest rate markets were steady on Tuesday, as players kept to the sidelines ahead of the Federal Reserve's rate setting meeting.
"Trading was dull in the absence of big players. All eyes are focusing on the Fed's post-meeting statement," said a dealer from a European bank.
The local currency was trading at 7.7539/40 per US dollar after moving in a tiny five-pip range, little changed from 7.7540/41 in late Asian trade on Monday.
Hong Kong dollar forwards traded sideways with little direction, dealers said.