April, 01 2026 Wednesday 23:39 Hrs
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  • Commodity broking firm in India1,186.77( 1.65%) 01-Apr-2026
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Sensex 73134.32 1186.77  (1.65) 01-Apr-2026
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Yen holds firm below 159 amid easing geopolitical tensions
01-Apr-26   11:26 Hrs IST
The Japanese yen hovered steady below the 159 mark against the US dollar, as optimism over a potential de-escalation in Middle East tensions lifted global risk sentiment and weighed on the greenback's safe-haven appeal. Adding to the yen's resilience, the Bank of Japan's Tankan survey showed a notable improvement in business sentiment, with large manufacturers' confidence index rising to 17'its highest level since December 2021 and marking a fourth consecutive quarterly gain. While these factors capped upside in the USD/JPY pair, market participants now turn their focus to upcoming US macroeconomic releases, including the ADP report and ISM Manufacturing PMI, for near-term directional cues.
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