The Japanese Yen surged to a three-week high of 157.63 against the US Dollar, as markets remained vigilant for potential intervention by Japanese authorities. Brent crude oil fell over 1% on the day to $94.67 per barrel after Donald Trump downplayed the likelihood of a prolonged conflict between the US and Iran.
The Japanese Yen strengthened against the US Dollar for a second consecutive trading day, rising to 157.63 at one point and hitting a three-week high, fueling speculation that Japanese authorities might intervene in the foreign exchange market again. Meanwhile, Brent crude oil fell over 1% on the day to $94.67 per barrel after US President Donald Trump downplayed the likelihood of a prolonged conflict between the US and Iran, easing market tensions and leading to a decline in global bond yields.
Source:华尔街见闻 · Source Link
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