US in a letter to UN says it stands ready to engage in serious negotiations with Iran

Dhwani Mehta FXStreet

Reuters cites a letter presented at the United Nations (UN), in which the US justifies the killing of Iranian Quds Force Commander Qassem Soleimani as self-defense.

The US tells UN it is prepared to take additional action in Middle East 'as necessary' to protect US personnel, interests and it stands 'ready to engage without preconditions in serious negotiations with Iran' to prevent escalation by Tehran.

The market mood remains calm following the risk-on sentiment that ensued, in response to US President Trump’s de-escalating address over the US-Iran conflict. The above headlines fail to boost the market sentiment, as USD/JPY holds the higher ground near 109.20 while the US Treasury yields drop back into the red.

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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