The euro crept higher against the dollar on Tuesday, a day after it soared to a record high, as traders looked to a meeting later today by the U.S. Federal Reserve Bank for hints about another rate cut. The 15-nation euro bought US$1.5772 in morning European trading, well below the high of US$1.5904 it set on Monday, but above the US$1.5731 it bought in late New York trading the night before, the Associated Press reported. The European Central Bank, by comparison, has left its own rate at 4 percent as inflation in the 15-nation euro zone hit another record high last month. The dollar was still lower against the Japanese yen, buying 97.58 in morning trading, above the 12-year low of 95.77 it fell to on Monday, and slightly above the 97.13 it bought in New York in late trading. The British pound rose against the dollar, edging higher to US$2.0067 from US$2.0020 on Monday.
