Dollar Slips Amid Optimism Over US-Iran Deal; Yen Rises on Intervention Hints
The U.S. dollar fell broadly as investors anticipated a potential resolution of the conflict between the United States and Iran, while the Japanese yen surged to over two-month highs amid speculation about government intervention. A source from Pakistan indicated that Washington and Tehran are nearing an agreement.
Topics: central bank intervention dollar depreciation U.S.-Iran negotiations yen appreciation