The dollar weakened against the yen, moving away from levels where traders were anticipating Japanese government intervention. This came ahead of a meeting in Washington between US President Donald Trump and Japanese Prime Minister Sanae Takaichi. The dollar also reversed its direction against the euro during the day, with the euro rising for the third consecutive day before the start of a two-day meeting at the European Central Bank. However, the dollar, considered a safe haven, has generally strengthened since the US and Israeli attack on Iran. The dollar fell on Wednesday as a drop in crude oil prices signaled a renewed appetite for risk ahead of a series of central bank monetary policy meetings.
