Against the backdrop of reports concerning President Trump's comments on progress in the Iran nuclear issue, crude oil plunged and US long-term yields fell. USD/JPY weakened to around ¥157.03, while EUR/USD moved to around $1.1385.
WTI crude oil futures prices plunged to the lower $92 range, while the 10-year US Treasury yield fell to the 5.21% range. Against this backdrop, dollar selling accelerated and USD/JPY weakened to around ¥157.03.
As the market moved, dollar weakness against the euro progressed, with EUR/USD rising to around $1.1385. The article reports on partial reports concerning US President Trump's comments on progress in the nuclear issue and the related movements in oil and interest rates.