Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
German Industry Employment Falls to Lowest Level in a Decade 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
The Japanese yen showed signs of stability in early Asian trading, gaining modest ground after several volatile sessions driven by suspected government intervention. The currency strengthened by 0.1% to 156.885 per dollar, extending a broader monthly gain of 1.4%. Most of that increase occurred following a sharp move last Thursday, when market participants widely believed Japanese authorities stepped in to support the yen.
Although officials in Tokyo have not officially confirmed any action, sources cited by Reuters indicated that authorities likely engaged in yen-buying operations for the first time in two years. This marks the third intervention effort in the past four years, raising questions among analysts about the long-term effectiveness of unilateral currency intervention.
Market sentiment remains cautious, especially during Japan’s Golden Week holiday, when reduced liquidity could amplify currency fluctuations. According to Mahjabeen Zaman, head of FX research at ANZ Bank, traders are closely watching for further intervention signals and potential international coordination. She noted that if the yen continues to weaken, the possibility of joint action between Japan and the United States could increase.
Meanwhile, the U.S. dollar index held steady at 98.144, reflecting a balanced performance against a basket of major currencies. The euro edged up 0.1% to $1.1730, supported by diplomatic efforts between Germany and the United States amid rising trade tensions. The British pound also rose slightly to $1.3586.
Commodity-linked currencies saw mild gains, with the Australian dollar climbing 0.1% to $0.7211 and the New Zealand dollar advancing 0.2% to $0.5905. Investors are awaiting the Reserve Bank of Australia’s policy decision, where expectations point to a rate hike to 4.35%, driven by inflation concerns linked to rising fuel and raw material costs.
In the cryptocurrency market, Bitcoin dipped marginally to $78,824.22, while Ethereum posted a slight increase to $2,331.95, reflecting ongoing mixed sentiment across digital assets.
