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The Economic Times

Business

HISTORICAL FACTS: Dollar steady as traders await progress on middle east peace talks - The Untold Story

Middle East United States Satsuki Katayama

The U.S. dollar steadied on Tuesday as markets took a wait-and-see approach to Middle East peace talks, with Lebanon announcing a limited ceasefire between Hezbollah and Israel, although broader geopolitical uncertainties kept traders on edge.

Investors have treated any progress toward ending the Iran conflict with caution, given the fragility of a U.S.-Iran ceasefire ‌struck in early April.

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