Dollar Falls Ahead of US-Iran Talks

The US dollar declined slightly as investors awaited a new round of negotiations between the United States and Iran, which will address Iran's nuclear program and security in the Strait of Hormuz, following weeks of tensions that disrupted oil shipments. Meanwhile, the Japanese yen continued to rise amidst expectations of a potential intervention by the Japanese government to support it, especially after reaching its lowest level in 40 years against the dollar last year, as investors keep an eye on upcoming US economic data.

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