EUR/USD soars above 1.1800 as Yen intervention rumors slam Dollar

EUR/USD registers solid gains late in the North American session on Friday after rumors of an intervention in the FX markets to boost the Japanese Yen sent the US Dollar (USD) sliding, with losses of over 0.70%, according to the US Dollar Index (DXY).

Gold rockets to $4,988 as USD crashes on Yen intervention rumors

Gold (XAU/USD) surges during the North American session on Friday, up by over 1% as the US Dollar (USD) gets smashed on intervention rumors to propel the Japanese Yen (JPY) in the FX markets, amid an improvement in risk appetite that pushed the yellow metal to fresh all-time highs at $4,988.

Forecasting the upcoming week: US Dollar slides to four-month low ahead of Fed’s decision

The US Dollar (USD) ended the week near a four-month low of around 97.80, maintaining a weak tone amid risk aversion in financial markets.

USD/JPY slumps to multi-week lows after suspected MoF 'rate check'

USD/JPY plunges over 300 pips on Friday amid a suspected Japan Ministry of Finance (MoF) 'rate check', as excessive Yen (JPY) weakness fuels intervention fears. At the time of writing, the pair is trading around 156.18, down nearly 1.40% on the day, sliding to its lowest level since late December.

GBP/USD surges to 1.3600, hits four-month high as Dollar selling intensifies

The British Pound (GBP) continues to outperform the US Dollar (USD) on Friday, with GBP/USD climbing to the 1.3600 handle as the Greenback remains under broad-based selling pressure. At the time of writing, the pair is up nearly 0.73% on the day, marking its highest level since September 18, 2025.