Iran’s Foreign Minister Araghchi: Engaged with the US in good faith to end the war

Dhwani Mehta FXStreet

Iran's Foreign Minister Seyed Abbas Araghchi said early Monday that “Iran engaged with the US in good faith to end the war.”

Additional quotes

When just inches away from Islamabad MOU (Memorandum of Understanding), we encountered maximalism, shifting goalposts, and blockade.

On US-Iran talks, zero lessons earned.

Market reaction

Financial markets have returned to a panic mode, with risk-off flows dominating amid a re-escalation to the Middle East conflict. The US Dollar Index (DXY) is climbing 0.50% so far, weighing heavily on all major currencies. Meanwhile, Oil prices are through the roof.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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