Dollar subdued as markets eye ceasefire talks; yen pressured by BOJ delay
Business
HONG KONG, April 21 : The dollar and yen were under pressure on Tuesday, with investors poised to buy riskier currencies and hoping for a U.S.-Iran deal to reopen Gulf shipping, while a sticky inflation reading lifted the New Zealand dollar. With the ceasefire set to expire this week, the fate of Iran peace talks remained uncertain as Tehran has yet to decide how to proceed with the diplomatic process following a recent escalation in tensions. However, investors think both sides are motivated
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