Iran reportedly sends latest proposal to US

Eren Sengezer FXStreet

Citing Iranian sources, several news outlets reported on Friday that Iran has prepesented a new proposal to end the war and a response to the United States' (US) amendments through Pakistani mediators on Thursday.

Market reaction

With the immediate reaction to this headline, the US Dollar (USD) weakened against its rivals. At the time of press, the USD Index was down 0.23% on the day at 97.88. Meanwhile, US stock index futures continue to trade mixed, with the S&P 500 Futures rising 0.15% and the Nasdaq Futures losing about 0.2% on the day.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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