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Dollar Hits 157 Yen as Iran Tensions Rise

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Story summary
  • U.S.-Iran tensions boosted demand for the dollar, pushing it to 157.00 yen.
  • The euro slipped 0.1% to $1.122, down nearly 1% this month amid French protests.
  • U.S. initial jobless claims fell to 194,000 for the week ended Oct. 17, below expectations.
  • Oil rose over $2 a barrel after Iran said diplomatic progress with the United States was unlikely.