Progress toward deal to end US-Iran war slows down – WSJ

Eren Sengezer FXStreet

Citing mediators, the Wall Street Journal (WSJ) reported on Monday that progress toward finalizing an agreement to end the war between the United States (US) and Iran has slowed down, citing ongoing disagreements over Iran's nuclear program and Tehran's demand for financial relief.

According to the news outlet, US President Donald Trump also faced opposition from hardline members of his party, who voiced their concerns over leaving Iran's nuclear program intact and relieving financial pressure on the country's leadership.

Market reaction

The US Dollar (USD) Index recovered slightly from session lows on this headline and was last seen fluctuating at around 99.00, still down about 0.3% 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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