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Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: How has the US debt ceiling deal impacted Forex markets?
Description: The US dollar nudged lower, pulling back from six-month peaks against the yen, following news of a U.S. debt ceiling deal, which lifted risk appetite across world markets and dented the greenback's safe-haven appeal. What does that signal? The Nikkei, meanwhile, closed at a fresh 33-year high on Monday. How has the Japanese yen reacted to this? Hongbin Jeong speaks to Peter Chia, Senior FX Strategist at UOB, to find out more. Â Highlights:Â 01:06 - US dollar nudges lower after tentative deal - what does that signal?03:07 - Will a...