The stability of the US dollar before the Federal Reserve meeting..

The US dollar stabilized during trading on Tuesday while the Japanese yen rose slightly, following the Bank of Japan's decision on interest rates and comments from Governor Kazuo Ueda, who warned during a press conference about the high uncertainty related to trade.

The Bank of Japan keeps interest rates unchanged and announces a plan to reduce asset purchases.

The Bank of Japan concluded its two-day monetary policy meeting without any major surprises for the markets, as it kept interest rates unchanged and announced a new plan to slow the pace of its balance sheet reduction starting next year, amid rising global risks such as the conflict in the Middle East and US tariffs.

The yen fluctuated between gains and losses after the decision was announced, and it declined during Ueda's press conference, but it had risen by 0.1% by 08:20 GMT to record 144.67 against the dollar.