Forex23d ago
Yen Slides Toward Intervention Zone as USD/JPY Tests Resistance
Japanese officials sharpened their warnings as the yen weakened to levels that triggered direct intervention in prior episodes.
Alex Rivera·1 min read
Dollar Firms as Rate-Cut Bets Diverge Across Central Banks
The greenback strengthened against most majors as traders priced a slower Fed easing path versus more dovish moves from the ECB and BoC.
M
Marcus Webb
Senior markets reporter with a focus on crypto and DeFi.
Jun 2, 2026 · 23d ago
1 min read2 views Federal Reserve
Dollar Firms on Policy Divergence
The U.S. dollar index advanced this week as interest-rate expectations split across the major economies.
The Divergence Trade
- Fed: Sticky services inflation has pushed the first cut later into the year.
- ECB: Softening growth keeps Frankfurt on a clearly dovish track.
- BoC: The Bank of Canada has already moved, widening the rate gap.
Levels to Watch
EUR/USD slipped back toward its recent range lows, while USD/JPY pressed higher, keeping intervention chatter alive among Tokyo officials.
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