The dollar was little changed against major rivals early Tuesday, as markets continued to consolidate ahead of the Federal Reserve statement on interest rates and a Treasury report on the currency market, both due on Wednesday. "With tomorrow's FOMC statement widely awaited, the dollar seems set to remain under pressure unless there are solid suggestions that US economic growth can support further rate hikes," said Tim Wilbraham, senior FX dealer at CMC Markets. "The market will be looking at today's US wholesale inventories to see if any directional information can be forthcoming." The euro was last down 0.05% at $1.2692, while the dollar weakened 0.2% to 111.46 yen.