Emerging currencies are rebounding after suffering their worst quarterly drop since September 2022 in the final months of ...

As the dollar prepares for its worst weekly loss in two months, global markets ride a wave of optimism fueled by Trump's trade chatter, while the yen steadies itself for a likely rate hike.

The yen jumped to 155.03, up 1% at one point, extending gains recorded after the Bank of Japan's rate decision.

The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.