Group 1: Currency Movements - The U.S. dollar experienced mixed performance, ending a six-day rally against the yen and a three-day losing streak versus the euro as investors prepared for significant central bank meetings and trade negotiations [1] - The Chinese yuan reached a one-month high against the dollar at 7.1103, with the People's Bank of China setting the official midpoint rate at 7.0881 per dollar, the strongest since October 15, 2024 [2] - The yen continued to decline against the dollar for the seventh consecutive session, influenced by new Prime Minister Sanae Takaichi's perceived dovish stance and rising oil prices [3] Group 2: Central Bank Meetings - Analysts anticipate that the Japanese fiscal premium will remain high, limiting the potential for yen appreciation, while the market's focus is on the upcoming Bank of Japan (BoJ) meeting [4] - The BoJ is expected to discuss the possibility of resuming rate hikes as concerns about a tariff-induced recession diminish, although political factors may delay any decision [5] - The Federal Reserve is widely expected to implement a 25-basis-point rate cut, with market attention on potential signals regarding the winding down of its quantitative tightening program [6]