Early trade in New York: Dollar trims losses versus euro

The US dollar pared losses against the euro on Wednesday after the Federal Reserve's Federal Open Market Committee said after meeting that US economic growth strengthened somewhat in the third quarter. Investors interpreted that as removing the possibility of further policy easing, at least for now.
The euro last traded at $1.3757, up 0.4 percent on the day, compared with $1.3780 before the announcement. The dollar was at 78.05 yen, down 0.3 percent on the day, compared with 78.01 yen before the Fed decision.