Dollar Steadies at Six‑Week High, Yen Weakens

Dollar steadied at six‑week high near early‑April levels as speculation of Fed rate hikes grew amid Iran war‑fuelled inflation concerns.
Japanese yen rose above 159/USD after April CPI fell to a four‑year low, keeping BOJ rate‑hike expectations for June.
Euro and pound weakened slightly as markets stayed cautious over US‑Iran negotiations, with both sides still at odds on key issues.
Indian rupee gained 0.3% after RBI intervention, while Australian dollar slipped 0.1% following weak April jobs data.