Japanese yen weakened, USD/JPY rose 0.4% on Friday after prior 2% drop, following reported government intervention at 160 level.
Softer-than-expected Tokyo April CPI and BOJ’s hawkish stance kept inflation pressure low while signaling further rate hikes.
Dollar index edged higher in Asian trade after April’s near‑2% loss, with safe‑haven demand wavering amid US‑Iran tensions.
Fed policymakers grew less dovish, reducing rate‑cut expectations, while President Trump considered new military action, keeping markets cautious.