U.S. dollar slips with Fed meeting in focus

NEW YORK, May 3 (Xinhua) -- The U.S. dollar decreased in late trading on Tuesday as market participants were awaiting a key decision from the Federal Reserve.

The dollar index, which measures the greenback against six major peers, fell 0.27 percent to 103.4620.

Traders turned their eyes to the Fed as the U.S. central bank will conclude its two-day policy meeting on Wednesday and will announce how much it'