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US-Iran indirect talks to resume in US as mediators revisit seven-day proposal - Reuters

  • Mediators are expected to hold separate talks with the United States and Iran on Monday or Tuesday.
  • Iran’s Foreign Minister and Qatari mediators remain in the United States.
  • Discussions are expected to focus on an amended version of Iran’s seven-day proposal.

The United States (US) and Iran are expected to resume indirect talks as early as Monday or Tuesday, according to an official briefed on the negotiations cited by Reuters.

Mediators are expected to hold separate talks with US and Iranian representatives. Iranian Foreign Minister Abbas Araghchi and Qatari mediators remain in the US ahead of the discussions.

The talks are expected to focus on an amended version of a seven-day proposal presented by Iran on the sidelines of the United Nations General Assembly (UNGA).

Market reaction

Financial markets show a relatively muted reaction to the latest diplomatic developments. The US Dollar Index (DXY), which tracks the value of the US Dollar (USD) against a basket of six major currencies, rises 0.08% on Monday to trade around 101.10. The West Texas Intermediate (WTI) US Oil retreats slightly from an intraday high of $95.02 but remains up 2.66% on Monday, trading around $93.80 per barrel.

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Swiss Franc.

USDEURGBPJPYCADAUDNZDCHF
USD0.14%-0.26%-0.20%0.18%0.00%-0.19%0.30%
EUR-0.14%-0.24%-0.30%0.04%-0.11%-0.20%0.17%
GBP0.26%0.24%-0.08%0.28%0.11%0.05%0.52%
JPY0.20%0.30%0.08%0.34%0.17%0.10%0.60%
CAD-0.18%-0.04%-0.28%-0.34%-0.19%-0.26%0.23%
AUD-0.01%0.11%-0.11%-0.17%0.19%-0.09%0.40%
NZD0.19%0.20%-0.05%-0.10%0.26%0.09%0.50%
CHF-0.30%-0.17%-0.52%-0.60%-0.23%-0.40%-0.50%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

Author

Ghiles Guezout

Ghiles Guezout is a Market Analyst with a strong background in stock market investments, trading, and cryptocurrencies. He combines fundamental and technical analysis skills to identify market opportunities.

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