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Asia Roundup: Yen pushes away from 40-year low after joint intervention, Japan's Nikkei drops, Gold rise, Oil prices fall–August 3rd, 2026
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Attacks have spread across the Gulf to the Red Sea and even a Mediterranean facility in Egypt.
Immediate resistance can be seen at 1.1535(50%fib), an upside break can trigger rise towards 1.1600(psychological level).On the downside, immediate support is seen at 1.1442(38.2%fib), a break below could take the pair towards 1.1422(SMA 20).
GBP/USD : Sterling dipped against dollar on Monday as hopes of a peace deal in the Middle East grew.
Equities RecapJapan's Nikkei fell on Monday as the yen surged after Japan and the U.S. confirmed a rare joint currency intervention.
Brent crude futures sank more than 4% to $83.88 a barrel after U.S. President Donald Trump said talks with Iran will happen on Monday.