Pressure on the US dollar is continuing.

EUR, JPY, CHF, GBP, gold all strong during Asia morning trade.

USD/JPY notable, its dropped under 143.50.

There is no fresh news nor catalyst apart from what has already been posted.

Markets are now incorporating the risk to Fed independence into their tariff worries.

USD/JPY update:

usdyen reserve fed 11 April 2025 2

EUR, JPY, CHF are all fiat alternatives, to some extent, to the USD as a reserve currency.

If you don;t like fiat, there's gold, that's supported also.

Source: Forex Live