Yen steadies after Japan intervention as investors brace for more action and US signals

Japan intervened again, but the next move may hinge on

The Japanese yen held steady after authorities intervened to strengthen it, easing near-term volatility. Traders are now looking for additional actions and whether the United States will get involved. Meanwhile, trade tensions continue to simmer after President Trump flagged a development related to ships in the Strait of Hormuz. The Australian dollar and euro edged up, while bitcoin dipped slightly.