In the foreign exchange market for the week that ended on August 17th, the dollar weakened against the yen, pushing the USDJPY down from the mid-148 yen range to the lower 146 yen range. Weaker-than-expected U.S. CPI figures led to increased speculation about a Federal Reserve Board (FRB) rate cut. Additionally, U.S. Treasury Secretary Scott Bessent urged the FRB to make a rate cut and the Bank of Japan (BOJ) to make a rate hike.

In the foreign exchange market for the week that ended on August 10th, the dollar weakened due to the previous week's weaker-than-expected U.S. employment figures, which increased speculation about a U.S. interest rate cut. Meanwhile, the pound strengthened against the dollar following the Bank of England's (BoE) monetary policy decision.

The foreign exchange market faced a series of important events during the week that ended on August 2nd, including the Federal Open Market Committee (FOMC) meeting, the Bank of Japan (BOJ) Monetary Policy Meeting, the announcement of U.S. employment figures, and the tariff agreement between the U.S. and the E.U.