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DOLLAR STEADY AS FIRST ROUND OF U.S.-IRAN TALKS ENDS, FRAIL YEN IN FOCUS
The dollar was steady on Monday as the first round of U.S.-Iran talks fuelled investor optimism for a deal, while the yen inched towards 40-year lows, spurring intervention concerns and verbal warnings from Tokyo.
A joint statement from mediating nations Qatar and Pakistan said the U.S. and Iran agreed to a roadmap toward a final deal within 60 days, providing hope for a resolution to a conflict that has weighed on global inflation and rates outlook.