The greenback found its footing after a brief slide, holding steady as investors tracked the evolving geopolitical narrative. In Europe, the euro navigated choppy waters to settle at $1.1573 following the European Central Bank’s decision to implement its first interest rate hike in three years.
Focus remains fixed on Tokyo, where the dollar’s climb to 160.12 yen has reignited fears of currency intervention. Despite the optimism surrounding the potential ceasefire, the underlying economic unease persists, leaving markets primed for further shifts as the weekend approaches.
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