Japanese Yen Softens 0.4% After Govt Intervention

Yen weakened, USD/JPY rose 0.4% on Friday after falling >2% previous day, following reported Tokyo intervention at 160 level.
Soft April Tokyo CPI missed expectations, with subsidies on utilities and food keeping inflation lower, adding pressure on the yen.
Dollar index steadied, rising slightly after nearly 2% loss in April, as safe‑haven demand eased then revived amid prolonged US‑Iran tensions.
Asian currencies muted; AUD/USD fell 0.1%, KRW flat despite export surge, CNH stable, INR near record high above 95 per dollar.