Dollar Steadies After Sharp Drop in Daily Currencies Ratings 04/05/2026 The dollar index held above 98 on Monday after a sharp decline last week, as traders stayed alert for possible intervention by Japanese authorities to support the yen amid holiday-thinned trading conditions in Japan. Markets also considered the possibility that the US could coordinate with Japan in efforts to stabilize the currency. Last Thursday, the dollar fell as much as 3% against the yen following suspected intervention from Tokyo, although officials did not confirm any action. In the US, investors are also positioning for key economic releases this week, led by Friday’s April jobs report, which is expected to show softer employment growth. On the geopolitical front, President Donald Trump announced plans to guide ships through the Strait of Hormuz while also signaling progress in US–Iran peace negotiations. Source: Trading Economics 2026-05-04 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share