The U.S. dollar stabilized on Monday after two weeks of selling, as investors brace for a week overflowing with central bank meetings, especially spotlighting the U.S. Federal Reserve. An interest rate cut by the Fed is largely expected, although a divided committee poses uncertainty.

Elsewhere, central banks in Australia, Brazil, Canada, and Switzerland are not anticipated to make rate changes. Analysts foresee a 'hawkish cut' from the Fed, potentially bolstering the dollar if it tempers expectations for multiple rate cuts next year.

Economic indicators in Australia and Canada signal strong performances, impacting their respective currencies. Meanwhile, subdued inflation keeps Switzerland's policy interest rate at 0%, while Brazil's policy remains unchanged with hints of a future cut.

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