04/26/2026 21:34

Release： 04/26/2026 21:34

Update： 04/26/2026 21:34

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Expectations for progress in Middle East peace talks led the dollar/yen to fall to 159.31 yen.

【4/24Market Overview

In Tokyo time, USD/JPY rose to around159.84yen on expectations of domestic demand for dollars. However, follow-up dollar buying did not emerge. In European time, reports suggested a possible restart of direct talks between Iran and the United States within the day, sending crude oil futures prices down and prompting dollar selling in the currency market.NYTime, state-run IRNA reported that “Iranian Foreign Minister Aragi is to begin visits to intermediary countries such as Pakistan” and that they would discuss regional security including possible military engagement with the United States. CNNCNN reported that “Whitlock’s envoy for the Middle East and Jared Kushner, son-in-law of President Trump, will head to Pakistan for talks with Iran.” With expectations for progress in Middle East peace negotiations, USD/JPY fell to159.31yen.