Iran announced that the Strait of Hormuz has reopened, deepening market hopes that the Middle East conflict may soon come to an end. The USD fell initially on Friday before stabilizing, but still recorded a second consecutive weekly decline. The USD Index was last at 98.227.The USD/JPY last fell to 158.61. Every 100 JPY was quoted at HKD4.94.Related NewsReport: Europe Accelerates Planning for a "European NATO" to Ensure Adequate Defense Even if US WithdrawsThe EUR/USD slipped to 1.176.The GBP/USD declined to 1.351.The USD/CHF dropped to 0.782.Related NewsInitial Jobless Claims for Apr/11 in the United States is 207K, lower than the previous value of 218K. The forecast was 215K.The USD/CAD edged down to 1.369.The AUD/USD rose to 0.717.(sw/t)Related NewsEIA Crude Oil Stocks Change for Apr/10 in the United States is -0.913M, lower than the previous value of 3.081M. The forecast was 0.2M.
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