Yen retreats from highs as political tensions wane

Note: This section contains information in English only.
Source: Reuters
The Yen declined against the Dollar on Monday as demand for the safe haven asset fell due to lessened geopolitical risk. With Russia ending its military drills close to the border of Ukraine and a new ceasefire starting in Gaza the USD/JPY pair gained 0.1% and was trading at 102.17. Meanwhile, the EUR/USD pair declined 0.1% to 1.3344.

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