U.S. dollar decreased in late trading on Monday, ahead of a two-day U.S. Federal Reserve meeting.

The U.S. Federal Reserve Open Market Committee is scheduled to meet on Tuesday and Wednesday, with market participants focusing on the Fed's policy statement at the end of the meeting.

Investors have broadly expected that the Fed would remain its current benchmark overnight interest rate range.

In late New York trading, the euro increased to 1.1337 U.S. dollars from 1.1320 dollars in the previous session, and the British pound fell to 1.3251 dollars from 1.3285 dollars in the previous session. The Australian dollar rose to 0.7099 dollar from 0.7085 dollar.

The U.S. dollar bought 111.40 Japanese yen, lower than 111.49 Japanese yen of the previous session. The U.S. dollar fell to 1.0010 Swiss francs from 1.0022 Swiss francs, and it was up to 1.3351 Canadian dollars from 1.3345 Canadian dollars. Enditem