Forex Today: Major pairs stabilize as markets assess central bank policy outlooks

AI Briefing

• – Major currency pairs stabilized overnight as markets awaited central bank policy decisions from the European Central Bank and the Bank of Japan.
• – The euro and yen rose against the US dollar, while the British pound and Australian dollar fell.
• – The US Federal Reserve's next meeting is due on Tuesday, with market expectations for a rate hike on the rise.