[MARKET UPDATE] DXY edges to fresh session highs at 98.21 as USD/JPY rises above 157.00 once again (vs low 156.66) - with Japan on holiday between May 3rd-6th; other markets stable

The DXY's rise to session highs indicates strengthening demand for the USD, particularly highlighted by USD/JPY rebounding above 157.00.

Newsquawk StaffPublished 4 May 2026, 01:31 UTCOn the live feed at 01:11 UTC — 6 more headlines followed before this page went public

Newsquawk headlinesUTC

01:20

Japanese PM Takaichi is to meet with Australian PM Albanese to discuss energy and rare earths

01:19

[MARKET UPDATE] Volatility seen in JPY, with USD/JPY instantly dipping from 156.95 to 156.59 before recoiling back to 156.87

01:11

[MARKET UPDATE] DXY edges to fresh session highs at 98.21 as USD/JPY rises above 157.00 once again (vs low 156.66) - with Japan on holiday between May 3rd-6th; other markets stable

01:06

PRE-MARKET CHINESE STOCKS NEWS: Mainland China closed, Hong Kong open

01:03

BoK Deputy Governor says it is time to think about a rate hike, Yonhap reports; cites more resilient growth and higher inflation than expected

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Context

This move may reflect risk-on sentiment amid Japan's holiday, with other markets remaining stable, suggesting traders are positioning for USD strength against a backdrop of low Japanese market activity.

All markets · last 90 days

Recent headlines that moved markets

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