Dollar Retreats on Robust US CPI; Asian Currencies Trade Flat as Yen Holds Amid Intervention Alerts

The U.S. Consumer Price Index released this week showed a sharper-than‑expected rise in inflation, prompting the dollar to slip against a basket of major currencies. Asian spot rates were largely unchanged, with the Japanese yen holding near its strongest level since early September after the Bank of Japan signalled potential market intervention.

Commodity prices reflected a mixed picture. Gold climbed 0.82% to $4,139.12, while silver edged up 0.72% to $56.285. Crude oil moved lower: WTI fell 1.00% to $94.14 and Brent slipped 1.52% to $104.45. Base metals also declined, with copper down 1.50% to $6.5598 and aluminum falling 0.88% to $2,963.45. Natural gas, however, posted a 1.72% gain, trading at $3.255.

Investors remain cautious as the dollar’s weakness continues to test the resilience of Asian currencies, while commodity markets adjust to the latest inflation data and global supply‑chain uncertainties.