Iran: Unfreezing of Tehran’s funds is last sticking point with US
According to Iran's Fars news agency, the unfreezing of Iran's funds is the last serious sticking point with the United States (US), being resolved through Qatar mediation. However, there has been no official confirmation.
These headlines suggest that the US and Iran are close to reaching a deal.
Meanwhile, US Interior Secretary Doug Burgum has announced that President Donald Trump will come through with a great deal on Iran.
Market reaction
No immediate reaction by the US Dollar (USD), riskier assets, and oil prices after the news release. During press time, the US Dollar Index (DXY) trades almost flat at around 99.00.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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