The FX market finally got the message ...Middle East

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It all started with equities last month, as Nvidia sent stocks into overdrive. Then, we saw the likes of gold and Bitcoin soar to fresh record highs. And earlier this week, we got a break lower in Treasury yields as the bond market reacted as well. Now, we're finally seeing FX traders make their move as the dollar tilts lower.In particular, USD/JPY has fallen from around 150.00 all the way to 148.50 levels currently. The fall has also took price action out of the technical box outlined yesterday here. Some hawkish murmurs regarding the BOJ is helping to fuel yen gains but the decline in USD/JPY is also in part due to action in the bond market:It's a key development that is worth noting as 10

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