USD/JPY trades flat near 159.00 awaiting Iran developments
The USD/JPY pair is trading calmly around 159.00.
The pair’s sideways movement comes as investors await fresh developments on negotiations between the US and Iran.
The US Dollar Index trades marginally higher near 99.20, after hitting a six-week high at 99.47 on Wednesday.
The odds of the Fed delivering at least one interest rate hike this year have cooled down to 51% from 61.3% seen on Tuesday.