EconomyYen finds footing after intervention, dollar near six-week low on Mideast hopes
Currency markets took a pause on Wednesday as pressure on the Japanese yen eased after recent intervention efforts and a strong display of U.S. support. The dollar remained close to a six-week low, helped by renewed optimism about the Middle East. The moves reflected a temporary easing in exchange-rate pressure alongside changing expectations about the region. Traders were watching both official action and developments linked to the Middle East.
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Reuters★★★☆☆2026-08-05 02:10Original
Yen finds footing after intervention, dollar near six-week low on Mideast hopes
Economy