The U.S. dollar falls 0.49% against the Australian dollar and 0.27% versus the New Zealand dollar amid broader mixed performance.
The U.S. dollar showed mixed moves in early trading, declining 0.49% against the Australian dollar and 0.27% versus the New Zealand dollar. The greenback strengthened 0.11% against the Canadian dollar but weakened against the euro, British pound, and Japanese yen.
Treasury Secretary Scott Bessent emphasized close U.S.-Japan coordination on yen stability, warning that further yen weakness could impact other Asian currencies. He praised Japan’s economic policies and outlook while stressing the need for sound fiscal measures alongside intervention.
Bessent also noted subdued U.S. core inflation outside energy sectors, citing easing price pressures in recent indicators. The remarks followed comments on Fed policy under Chair Kevin Warsh, though no immediate market reaction was detailed.