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Dollar steady, yen weakens on GDP

The dollar holds steady as bond rout pauses; yen falls despite robust Japanese GDP. Asian currencies mixed amid oil drop and geopolitical tensions.

Julianne Alice
ByJulianne Alice- Senior Editor
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The dollar steadied on Tuesday as a rout in bond markets paused, while the yen weakened despite stronger-than-expected Japanese GDP data.

Broader Asian currencies moved in a flat-to-low range, taking limited relief from falling oil prices and hopes for de-escalation in the US-Iran conflict.

Growing US-China tensions over Taiwan and a deep selloff in equity markets weighed on regional sentiment.

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