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- 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Live!
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🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
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2️⃣ Wh - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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📖 Day 1 · Quiz (Single Choic - 💥 Gate Square Event: #SOMI Creative Contest# 💥
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CandyDrop 76: CandyDrop x Somnia (SOMI)👉 https://www.gate.com/announcements/article/46912
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(T - 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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The escalating tensions in the Middle East support safe-haven assets, with the yen continuing to lead.
According to the Gate News bot, FXStreet reports that influenced by global risk aversion sentiment, the Japanese yen has slightly strengthened against the US dollar, following a day of two-way fluctuations in the exchange rate. Against the backdrop of uncertainty surrounding US President Donald Trump's trade policies and escalating geopolitical tensions in the Middle East, the Federal Reserve's hawkish stance on Wednesday has eased, dampening investors' interest in high-risk assets. This helps revive demand for traditional safe-haven assets, thereby supporting the yen.
At the same time, the Bank of Japan (BoJ) is taking a cautious approach to exiting its decade-long monetary stimulus policy, forcing investors to push back expectations for the next interest rate hike to the first quarter of 2026. Additionally, concerns about the potential economic impact of the current 25% tariff on Japanese cars and a 24% reciprocal tax on other imported products in the United States may limit the movement of the yen. These concerns, along with the recent rebound of the US dollar (USD) from a three-year low, are supporting the USD/JPY Exchange Rate.