Forex
Dollar slips as the yen, Aussie, and EM currencies diverge
The greenback eases overall, but currency moves are uneven outside the major pairs.
The dollar index falls 0.3% to 98.836. That comes alongside a 0.2% drop in USD/JPY to 153.539, a 0.2% rise in EUR/USD to 1.1631, and a nearly flat GBP/USD at 1.3542.
Commodity-linked currencies are firmer. AUD/USD rises 0.01% to 0.7222, while USD/CAD slips 0.2% to 1.3781 and USD/MXN falls 0.3% to 16.9045. The dollar also loses ground against KRW and ZAR, with USD/KRW down 0.3% and USD/ZAR up 0.1%.
The yen move stands out because it comes after a sharp weekly decline in USD/JPY of 4.2%. FXStreet flags a Japanese yen spike tied to a wage print and a later fade, which fits the day’s lower close in the pair.
On the other side of the ledger, the Australian dollar keeps its recent strength, with a 1.1% weekly gain and a 2.4% monthly gain. The currency board does not show a single clean trend, but the dollar is clearly not the only market moving on geopolitics and rate expectations.