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Posted 1 hour ago
US and Iran Sign MOU to End War, Effective Wednesday
The United States and Iran have signed an electronic Memorandum of Understanding to formally end hostilities, with the agreement taking effect Wednesday, according to Axios. No financial terms were specified in the initial report.
This development is highly significant for oil-linked currencies and safe-haven flows. USD/CAD, USD/NOK, and USD/JPY are most exposed, as a Middle East de-escalation could pressure oil prices, unwind safe-haven demand, and shift risk sentiment sharply toward risk-on positioning.
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