Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
US Stock Futures Recover as Iran Signals Progress in Peace Talks 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
The U.S. dollar took a breather on Thursday after rallying on easing tensions over Federal Reserve leadership and U.S.-China trade policy. President Donald Trump stepped back from threats to fire Fed Chair Jerome Powell, while the White House signaled a more flexible stance on tariffs, reducing market anxiety.
After briefly dipping below 140 yen earlier in the week, the greenback rebounded and was last seen trading at 143.25 yen. Support also came from U.S. Treasury Secretary Scott Bessent, who stated the U.S. had no fixed currency target ahead of discussions with Japan. He added that the current trade embargo with China was "unsustainable," but emphasized the U.S. would not be the first to ease its steep tariffs on Chinese imports.
The euro edged lower to $1.1338 after recovering from a three-and-a-half-year low of $1.1572. ING currency strategist Francesco Pesole noted that the dollar remains highly sensitive to trade developments, cautioning that while short-term risks for the USD are tilted to the downside, recent heavy selling may not persist.
The euro-dollar exchange rate, Pesole added, is closely tied to broader dollar movements, with a rise above $1.15 possible if concerns resurface over the Fed’s independence.
Commodity-linked currencies also retreated slightly. The Australian dollar hovered at $0.6361, with resistance seen near its 50-day moving average of $0.6286 amid global growth concerns. The New Zealand dollar remained firm at $0.5949.
Sterling stabilized at $1.3263, and the Swiss franc held steady at 0.8290 per dollar. China’s yuan was little changed, trading around 7.29 per dollar during early Asia hours.
