SINGAPORE/LONDON—The U.S. dollar steadied on Monday as looming central bank decisions in Japan and Europe and vacillating market expectations for Fed rate cuts forced a pause in the greenback’s data-spurred rally this year.
Japan’s yen was the notable mover in otherwise quiet trading, as it headed away from Friday’s 148.80 per dollar, its weakest in a month, to as firm as 147.74.
