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Posted by
Two Blokes Fri at 1:45 PM -
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Forex
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In FX circles, the slightly diminished prospect of imminent US involvement in Iran has opened the door for renewed short-dollar positioning, but it remains to be seen whether investors will pile into that trade ahead of the weekend. Oil fell after Reuters reported that a senior official has said Iran is 'ready' to discuss limitations on its uranium enrichment, although "zero enrichment will undoubtedly be rejected" by Tehran "especially now, under Israel's strikes.
