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US and Japan Signal More Yen Intervention; Oil Falls on US-Iran Optimism
US and Japanese officials jointly intervened in currency markets to support the yen and signaled further action if necessary, marking their first coordinated effort in 15 years. Oil prices declined following President Trump's decision to cancel military strikes in the Middle East and announcement of resuming US-Iran negotiations. The market moves reflect shifting geopolitical tensions and currency stability concerns among major economies.
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