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US dollar weakens sharply against the Japanese yen after officials intervene in markets AP NewsWhy the U.S. stepped in after decades to prop up Japan's yen — and what's at stake CNBCWhy has Trump stepped in to prop up Japan's currency? The GuardianThe US has stepped in to buy Japanese yen. Why? CNNU.S. dollar falls
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Oil slumps on hopes of Iran deal, yen firms up after intervention ReutersOil Prices Plummet as Investors Digest Pause in Fighting in Iran War The New York TimesCNBC Daily Open: Markets exhale as Trump steps back, OPEC steps up CNBCOil prices drop after Trump orders US forces to hold off on new strikes against Iran AP News
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Global stock markets drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift economic comeback from the pandemic, underpinning demand for safe-haven currencies such as the dollar and Japanese yen.
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