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Dollar hits two-week high vs yen amid trade talks and Fed expectations
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USD rises to ¥153 on trade-deal and Fed-cut hopes, while bitcoin also edges up amid global risk appetite.
The US dollar climbed to a two-week high against the Japanese yen as growing hope over US-China trade progress and expectations of a Federal Reserve interest-rate cut boosted USD demand. The dollar reached around ¥153.03 while the euro remained steady near $1.163. At the same time bitcoin gained about 1.8% to over US$115,400. Analysts highlight that sentiment is positive but flag that clarity on both trade and monetary-policy fronts will be key for sustained moves.