European Markets Steady As US-Iran Deal Negotiations Continue

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Published: 32 minutes ago

European markets showed stabilization as traders await developments on US-Iran negotiations. Japan intervened heavily in FX markets spending ¥11.7 trillion over the past month to defend the yen. USD/JPY remains volatile following massive Japanese intervention while geopolitical uncertainty from US-Iran talks affects safe-haven flows. Fed officials continue hawkish rhetoric on inflation concerns.

Nothing to see yet 😢