Dollar and Yen Face Pressure Amid Ceasefire Talks and BOJ Delay
The U.S. dollar and yen faced pressure as markets awaited developments in U.S.-Iran ceasefire talks, with investors shifting toward riskier currencies. The New Zealand dollar rose due to a sticky inflation reading, while the Bank of Japan's delay in raising interest rates added pressure on the yen. The outcome of the negotiations remains uncertain.
Topics: central bank policy currency exchange inflation market sentiment U.S.-Iran ceasefire talks