US FX WRAP: Dollar slammed as Trump says "war could be over soon"
Context
Trump's remarks about a potential end to hostilities have prompted a significant sell-off in the dollar, reflecting market sentiment shifting towards risk-on. This development may indicate reduced demand for safe-haven assets, with probable impacts on various currency pairs including USD/JPY and EUR/USD. Traders should monitor these shifts closely, as they may influence broader market dynamics and central bank policy expectations.
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