New York Wrap: yen firms as JPY crosses slide near 1%
The yen strengthened broadly with USD/JPY down 1.2%, while Polkadot led crypto up 8.9% and Solana slid. Metals and oil edged higher into the close.
The yen strengthened broadly with USD/JPY down 1.2%, while Polkadot led crypto up 8.9% and Solana slid. Metals and oil edged higher into the close.
The yen strengthened broadly as JPY crosses fell around 1%, Polkadot led a mixed crypto tape up 8.9%, and platinum added 1.2%.
The yen firmed across every major cross as USDJPY slid to 154.33. Polkadot led crypto up 8.91% while UNI dropped nearly 6%. Platinum and oil pushed higher.
Cardano jumped 11% and Bitcoin cleared $81,800 as crypto led risk higher, while the yen firmed and gold added 2% to $4,473.
Crypto ripped higher into the London close, with Cardano up 11% and XRP up 9%, while the yen firmed across every major cross. Gold and silver added ground.
Palladium jumped 3.61% and silver added 1.91% as the metals complex led the session, while the yen firmed across the board and US indices closed higher.
Oil surged over 4% and silver added 3.5% as commodities dominated the session, while Bitcoin and Ethereum slipped and the dollar firmed against the yen.
US indices closed higher across the board with the S&P 500 up 1.07%, as Uniswap led crypto losses and precious metals slipped into the close.
Polkadot, Tezos and Cardano top the board while the yen firms across the majors and European equities open the week on the front foot. Here's where markets stand.
The yen swept higher across the board while the Nasdaq 100 jumped 3% and Uniswap led crypto up 11% into the New York close on July 31.
The yen swept the leaderboard as USD/JPY fell 2.31% and every JPY cross slid. European equities rallied and Uniswap jumped 11% in crypto.
The yen eased across the board following the BOJ Press Conference on 31 July 2026, with USD/JPY the biggest mover in a broadly muted reaction.