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Dollar steadies amid US-Iran tensions
The US dollar stabilized against major currencies amid escalating tensions between the United States and Iran, as American forces conducted strikes on Iranian targets, and the Iranian Revolutionary Guard responded with attacks on a US base in Jordan and 21 targets in the Gulf. Despite the escalation, it is believed that the conflict is moving towards de-escalation, with expectations that the Bank of Japan will raise interest rates in June, causing the yen to fluctuate around 160 yen per dollar.
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