The US dollar strengthened against major currencies as investors sought safe-haven assets amid Middle East tensions. The Japanese yen weakened to 160 per dollar for the first time since 2024, raising intervention risks. The Canadian dollar hit a two-month low at 1.3875 per USD. Gold rebounded 3% to approximately $4,540 per ounce after weeks of declines. Bitcoin dropped 4% to around $66,650. Import prices jumped 1.3% in February, the biggest rise in nearly four years, contributing to dollar strength.
Dollar Strengthens as Yen Hits 160 Low
Dollar rises on safe-haven demand, yen falls to 160, gold rebounds to $4,540.
Sector
MACROECONOMICS
News Type
MARKET
Impact Level
MEDIUM
AI Sentiment
NEUTRAL
Published
29 Mar 2026
📎 Sources
Reuters, Bloomberg, Yahoo Finance