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Yen steadies near strongest since February as dollar stays pressured

The Japanese yen steadied near its strongest level since February, keeping the dollar on the defensive. Sentiment was weighed as oil pushed towards $100 a barrel amid a widening Middle East war.

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The Japanese yen steadied near its strongest level since February on Wednesday, while the dollar remained under pressure as traders weighed oil prices pushing toward $100 per barrel amid a widening war in the Middle East. Iranian-backed Houthis in Yemen launched strikes…