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Dollar Steadies, Yen Rises as Demand for Safe-Haven Assets IncreasesTokyo, 5 Nov (ONA) — The US dollar index, which measures the performance of the US currency against the euro, the British pound, the yen, and three other major currencies, stabilized at 100.18 after rising to 100.25, its highest level since 1 August 2025. Both the Japanese yen and the US dollar attracted strong demand as safe-haven assets amid heavy selling in stocks, particularly technology shares on Wall Street, which extended to Asian markets. The yen rose by about 0.2% to 153.42 per dollar, continuing the gains of 0.7% it recorded on Tuesday. At the same time, the dollar was steady at 1.1483 against the euro after rising 0.3% in the previous session to reach a seven-month high. The British pound stabilized at $1.3016 after falling 0.9% yesterday. The New Zealand dollar slipped 0.1% to $0.5635 after a 1.2% decline yesterday, touching its lowest level in seven months. It also fell to 1.1512 against the Australian dollar following labour market data, a level not seen since October 2013. The Australian dollar dropped 0.2% to $0.6476.— Ends/Khalid