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Tomorrow's FX Outlook: Focus on Iran Situation

Mon Apr 20, 2026 5:23 pm JST Currency

Dollar-yen is expected to move between 158.40 yen and 159.50 yen through tomorrow, driven by developments in Iran.

On 18th, Iran’s Revolutionary Guards announced the closure of the Strait of Hormuz. On 19th, state media reported Iran refused a second round of talks with the US. With the ceasefire deadline approaching on 21st (22nd Japan time), market attention remains on the situation in Iran. No major economic indicators are scheduled for release tonight. While monitoring crude oil prices, focus shifts to whether the pair will test the 159 yen level.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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