Dollar traders are cautious ahead of the Fed decision, with the currency holding steady against most peers. BoC expected to maintain rates due to sticky inflation, while BoJ also likely to stay put with focus on future signals. Wall Street retreated on disappointing earnings, but eyes are on Microsoft and Meta earnings today. Microsoft and Meta to report earnings after the bell, with positive results potentially boosting stocks. Over 200 S&P 500 companies have exceeded earnings forecasts by 6.4%. Trade truce between US and China may also impact market sentiment.

Read more at Investing.com: Fed, BoC, and BoJ Rate Decisions Take Center Stage as Markets Turn Cautious