Iran proposes suspending nuclear activities for up to five years – NYT

Sagar Dua FXStreet

According to a report from the New York Times (NYT), Iranian officials had proposed suspending its uranium enrichment for up to five years in its weekend talks with the United States (US) in Pakistan.

The report also states that the US Vice President (VP) JD Vance-led team rejected the five-year offer and insisted for 20-year suspension.

However, US VP Vance didn't discuss the same in his interview with Fox News, earlier in the day. Vance clarified in the interview that Iran giving up its nuclear ambitions and the reopening of the Strait of Hormuz are non-negotiable terms.

Author

Sagar Dua

FXStreet

Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis.

AUD/USD remains depressed near 0.6950 after RBA minutes

AUD/USD attracts follow-through selling during Tuesday’s Asian session, looking to extend the overnight rejection slide from 0.7000, or a two-week top, following the release of RBA meeting Minutes. The US Dollar retains a bullish undertone near its highest level since April 2025 as energy-driven inflation risks keep December Fed rate hike bets firmly on the table. Adding to this, geopolitical risks further underpin the safe-haven USD.

USD/JPY extends retreat below 158.50 as intervention risks loom

USD/JPY is dropping below 158.50 in the Asian session on Tuesday, snapping a two-day winning streak and pulling back from an over two-week top touched the previous day, despite Japan's soft PPI inflation print. Bulls turn cautious amid speculation that authorities will step in to prop up the Japanese Yen, which, in turn, weighs on the pair.

Gold clings to gains just below $4,200

Gold fades Monday’s small pullback and picks up renewed pace, briefly flirting with the key $4,200 mark per troy ounce. The precious metal’s recovery comes in line with the fresh downward trend in the Greenback in combination with shrinking US Treasury yields across the board and easing tensions on the geopolitical front.

Solana reclaims 50-day EMA amid tokenization expansion

Solana (SOL) trades above $107 on Tuesday, reclaiming the 50-day EMA after closing below it the previous day. Meanwhile, Solana’s tokenization expansion and the upcoming listing of Hong Kong’s second spot Solana Exchange Traded Fund highlight growing institutional interest.

Dollar corrects as markets watch bank earnings

The US Dollar remains broadly strong but is now correcting, with a possible retest of the breakout zone around 102 on the Dollar Index. Equity markets are showing a mixed picture: the S&P 500 and Nasdaq are weaker, while blue-chip indices such as the Dow Jones and DAX are moving higher.

Has Bitcoin really escaped the macro forces it was built to fight?

Over 17 years ago, Satoshi Nakamoto designed Bitcoin (BTC) on the back of a global financial crisis as an alternative to the global monetary system outside the control of central banks, governments and traditional intermediaries. This raises a key question: has Bitcoin really become independent of the macroeconomic forces it was built to challenge?