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US, Japan Warn of More Yen Action If Needed; Oil Falls on US-Iran Optimism |Bloomberg Brief 08/03/26
US and Japan commit to defending the yen following their first joint intervention in 15 years. Oil prices fall after President Trump cancels military strikes in the Middle East and signals resumption of US-Iran talks. Discussions include Fed Chair Warsh considering changes to Fed meeting schedules and Prysmian's acquisition of Atkore.
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