The dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S.-Iran peace agreement. Meanwhile, the Japanese yen has plummeted to levels not seen in two years, prompting traders to keep an eye out for possible intervention from Japanese financial officials.

On Thursday the yen saw a sharp depreciation a high of 161.80, its weakest since July 2024.

The yen was pinned near four-decade lows on Friday, with markets on heightened intervention watch as neither a US-Iran peace deal nor a rate hike in Japan managed to arrest its…

The Japanese yen fell past 161 against the U.S

The US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace agreement looms large as Japan's currency…

The dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S.-Iran peace agreement. Meanwhile, the…