|

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.

More from Ghiles Guezout
Share:

Editor's Picks

AUD/USD hits eight-month lows below 0.6850 amid bullish USD

AUD/USD stays defensive below 0.6850, hitting an eight-month low in the Asian session on Thursday as the possibility of a steeper Fed rate hike in December helps the US Dollar hold near its highest level since April 2025. Geopolitical uncertainty also supports the safe-haven buck, while the RBA’s cautious, on-hold stance limits the Aussie.

USD/JPY eases from near 160.00 amid looming intervention risks, BoJ hike bets

USD/JPY retreats slightly from an over two-month high as the recent surge back to the 160.00 psychological mark prompted verbal warnings from Japanese authorities and sparked fears of direct FX intervention. Moreover, data showed that Japan’s wholesale inflation picked up again in October, strengthening the case for a BoJ hike in December and lifting the Japanese Yen. However, a bullish US Dollar, bolstered by odds of a jumbo Fed rate hike in December, could cap the pair's downside.



Gold falls below $4,000 as traders weigh a half-point Fed rate hike

Gold (XAU/USD) slips back below $4,000 on Thursday, giving up most of last week’s gains as bets on more aggressive Federal Reserve (Fed) interest rate hikes lift the US Dollar (USD) to a fresh year-to-date high.

Top Altcoins Price Forecast: Ripple, Cardano and Solana halt decline amid signs of exhaustion

Top altcoins, Ripple (XRP), Cardano (ADA), and Solana (SOL), hold steady on Thursday, halting the prevailing decline linked to hot US inflation data and the post-US midterms period.

Nvidia shares crash as Jensen Huang resigns as CEO
Nvidia (NVDA) shares collapsed in Thursday's premarket after longtime CEO and co-founder Jensen Huang resigned as CEO in the face of board scrutiny over several affairs. Nvidia shares have shed 10% at the time of writing as the leading AI chipmaker chose chief financial officer (CFO) Colette Kress as interim CEO.
What the US CPI headline doesn’t tell you about inflation

Brent crude has fallen about a third since mid-October on hopes the Iran war is ending, but diesel, freight and fertiliser costs haven't followed. Those costs reach US consumer prices in stages through 2027 and could keep inflation high after gasoline gets cheaper.