Business Insider reports Oracle may cut headcount in some business teams by double-digit percentages.

Mitsubishi UFJ said Japan-U.S. joint FX intervention appears to have been short-lived; USD/JPY has since recovered above 159 this week. After so sharp a drop in the pair, market appetite to buy yen may remain subdued in the near term. Some participants, notably retail FX margin traders, had been short USD/JPY but the recent rebound likely prompted selling of yen to cover those positions. Those shorts may already be closed, and at current lower levels mean-reversion/arbitrage (not directional) strategies may regain appeal, encouraging renewed buying of USD/JPY.

President Trump said the U.S. controls Iran’s funds and has full control over them.