The Pound Sterling advances versus the Japanese Yen on Tuesday, up by 0.24%, driven by traders’ optimism about a US-Iran deal, even though there are rumours that Iran has halted negotiations amid the Israel-Hezbollah conflict over the weekend.
The Euro consolidates within familiar levels on Tuesday, flatlines around 1.1630s as the US Dollar recovers some ground, underpinned by high Oil prices amid halted US-Iran talks, even though US President Donald Trump says this is fake news.
USD/CAD edges lower toward 1.3830 on Tuesday at the time of writing, as the US Dollar (USD) pauses after its recent advance. The pair gives back part of its latest gains despite a geopolitical backdrop that continues to favor safe-haven demand.