LONDON/TOKYO, Nov 2 (Reuters) - The U.S. dollar slipped on Wednesday as investors awaited for the U.S. Federal Reserve's policy decision amid speculation it might indicate a slowdown in future rate hikes.
But for the December meeting, the futures market is split on the odds of a 75- or 50-bps increase.
It will be a difficult balance to strike for Powell," said Daria Parkhomenko, FX strategist at RBC Capital Markets.
Against the weakening dollar, the euro and sterling edged up to $0.9889 and $1.1494, respectively.
YEN JUMPSThe yen , down a whopping 28% against the U.S. dollar this year, outperformed, with traders on alert for possible intervention around the Fed meeting.