Israel-Lebanon Ceasefire Extended 45 Days Following US-Mediated Talks

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Israel and Lebanon agreed to extend their temporary ceasefire for 45 days amid ongoing Iran war tensions. US State Department facilitated productive diplomatic talks Thursday and Friday between both nations. The extension may provide temporary stability to Middle East tensions, potentially reducing safe-haven demand for USD, JPY and CHF while supporting risk-on sentiment in commodity currencies and emerging market pairs.

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