US dollar stays steady ahead of expected rate cut at Federal Reserve meeting this week.

The US dollar remained steady ahead of this week's Federal Reserve meeting, where a rate cut is expected. Despite Fitch downgrading France’s credit rating, the euro showed little reaction. Investors are also watching the Bank of Japan’s policy meeting, where the bank is likely to maintain current rates. The USD/JPY pair remains within a trading range, influenced by expectations of Fed rate cuts and BoJ policy decisions. The dollar declined slightly against a basket of currencies, while the euro and other major currencies showed mixed reactions.