The US Dollar rose to 142.75 yen after President Trump’s comments eased tensions regarding the Federal Reserve Chair’s position. However, it remains close to a low for 2025, facing bearish sentiment in the market.
Analyst Francesco Pesole from ING expressed caution, noting possible further declines for the Dollar amidst trading uncertainties. Other currencies tied to growth also struggle, while Bitcoin profits from a disconnection from Dollar movements.
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