Dollar Rises Ahead of Central Bank Meetings

The dollar gained against major currencies as traders prepared for a busy week of central bank decisions. Stabilizing equity markets also reduced demand for safe havens.

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Japanese 10,000 yen and 1,000 yen banknotes are displayed in this illustration taken October 20, 2026. REUTERS/Kim Kyung-Hoon/Illustration

The dollar advanced against major currencies during Tuesday morning trade as steadier equity markets curbed safe-haven demand ahead of a packed central bank schedule. USD/JPY rose 0.16% to 157.73, while EUR/USD slid 0.26% to $1.1144.