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INVESTINGLIVEGiuseppe Dellamotta

USD/JPY spikes lower on US-Iran deal and consolidates ahead of BoJ and FOMC decisions

FUNDAMENTAL OVERVIEW USD: The US dollar weakened across the board on Thursday after Trump cancelled the planned attacks on Iran and announced a deal to be signed in the following days. As a result, Fed rate hike expectations got pared back immediately with the market now pricing

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