Market News

Japan posted its first current account deficit in 17 months, pushing USD/JPY back above 158.00 on renewed fiscal concerns.

The US Dollar Index rebounded to four-day highs above 103.50, pressuring gold and silver after their post-NFP rally.

The yen’s persistent weakness traces back to widening US-Japan bond yield differentials, a force intervention alone can’t fully offset.

A day-by-day recap of the dollar’s volatile week, from Thursday’s data-driven rally to Friday’s sharp reversal on weak jobs data.

Nephos has agreed to attest the reserves backing Agant’s pound-pegged GBPA stablecoin, adding independent verification to sterling-denominated crypto.

Silver posted a fresh six-week high, outpacing gold’s own rally as weak US jobs data pushed the dollar to a seven-week low.

USD/CAD and USD/CHF are both trading lower this week, tracking broad dollar weakness following disappointing US employment data.

The Australian dollar is showing strong risk-on momentum this week as the Nasdaq 100 resumes its bullish trend and the US dollar weakens broadly.

GBP/USD gained alongside most majors as the dollar retreated broadly, though the move appears driven by dollar weakness rather than fresh UK catalysts.

USD/JPY slipped toward 157.80 amid broad dollar weakness, though the pair remains under close watch given lingering intervention risk.