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The U.S. dollar experienced a sharp fall against the yen and other major currencies on Thursday, following intervention by Japanese authorities. The move was aimed at strengthening the yen amid ongoing geopolitical tensions that have impacted global markets. Finance Minister Satsuki Katayama hinted at the need for decisive market actions earlier in the day.Japan's intervention followed signals from the Finance Ministry about measures to support the weakening yen, which had reached its lowest level against the dollar since July 2024. The dollar's drop, the largest since December 2024, came as...

The Pound Sterling falls sharply below 1.3200 against the US Dollar after the US and China agree to reduce tariffs for 90 days by 115%.Lower US tariffs would pave the way for the Fed to cut interest rates.This week, investors will focus on the UK employment and the US CPI data on Tuesday.The Pound Sterling (GBP) tumbles to near 1.3170 against the US Dollar (USD) and trades near a one-month low on Monday. The GBP/USD pair falls sharply as the US Dollar strengthens after the United States (US) and China...

The Pound Sterling gains to near 1.2925 against the US Dollar, while investors ignore fresh tariffs by US President Trump on auto imports. Fed Kashkari supports leaving interest rates at their current levels for an extended period. UK Reeves cuts welfare benefits and remains committed to her fiscal agenda. The Pound Sterling (GBP) recovers strongly to near 1.2925 against the US Dollar (USD) during European trading hours on Thursday. The GBP/USD pair bounces back after a slight corrective move in the last five trading days from the four-month high of...