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Breaking Posted 11 days ago

US Iran Reach Interim Hormuz Agreement Halting War

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The US and Iran reached an interim agreement to reopen the Strait of Hormuz, setting stage for 60-day nuclear program negotiations. Officials will formally sign the agreement in Switzerland on June 19. This geopolitical development should strengthen risk-on sentiment, benefiting emerging market currencies against safe havens. Oil-sensitive currencies like CAD and NOK may gain as energy supply concerns ease.
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