Published: 2026-03-02T02:59:30.000Z
USD/JPY flows: FX market rangebound after weekend strike
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U.S. strike Iran over the weekend, killing the Supreme leader
The U.S. and Israel has launched multiple missile strikes against Iran, killing their Supreme leader and high ranking military officials. Iran has since retaliated and targeted U.S. allies across the Middle East. Despite heightened geopolitical tension, FX market is rangebound with Gold and Oil jumped at the opening while retracing partial gains as session progress.
USD/JPY is trading 0.06% lower at 156, market participants are closely watching for serious retaliation from the Iran which so far has not appeared yet.