Oil prices are expected to decline due to hopes of a peace agreement with Iran, while the Japanese yen strengthened after intervention.
2026-08-03 17:18:08
According to CoinMeta, oil prices tumbled significantly due to hopes of a peace agreement in the Middle East, with Brent crude futures falling by $4.50, a decrease of over 5%, to $83.40 per barrel. Meanwhile, the Japanese yen strengthened after joint intervention by the United States and Japan, rising to 156.70 against the US dollar, a three-month high. Japan's Finance Ministry confirmed that it would take further measures to curb the depreciation of the yen.
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Source:Internet
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