HomeLatestYen finds footing after intervention, dollar close to 6-week low

Yen finds footing after intervention, dollar close to 6-week low

HONG KONG, fifth August, 2026 (WAM) — Currency markets paused for breath on Wednesday as stress on the Japanese yen eased following current bouts of intervention and a forceful present of US assist, whereas the dollar held close to six-week lows on contemporary optimism over the Middle East.

The yen was barely firmer at 157.60 per US dollar, after easing about 0.4 % from Monday’s excessive of 155.20 within the earlier session. It remained nicely above current 40-year lows of round 164 per dollar.

The US dollar index, which tracks the foreign money towards six main friends, was little modified at 99.85, struggling to seek out course after hitting a six-week low on Monday.

The euro was regular at $1.1533, and sterling traded flat at $1.3458 .

The kiwi dollar was roughly down 0.3 % at $0.5878 after New Zealand’s unemployment climbed to a decade-high of 5.6 % within the second quarter. The Aussie was flat at $0.7053.

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