Published: 2025-06-24T02:51:34.000Z
USD/JPY flows: Ceasefire brokered

FX Analyst
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Trump seems to be able to broker a ceasefire between Israel and Iran
After Trump public announcement on his social media that he has brokered a ceasefire deal between Israel and Iran, it has been officially confirmed by Israel and Iran officials in the past two hours. The last round of rocket exchanges seem to be done for now and we see USD softens.
USD/JPY slipped 0.42% to 145.51 with JGB yields outperform U.S. counterpart.