Iran reportedly sends latest proposal to US

FXStreetMay 1, 2026 12:24 PM

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Citing Iranian sources, several news outlets reported on Friday that Iran has prepesented a new proposal to end the war and a response to the United States' (US) amendments through Pakistani mediators on Thursday.

Market reaction

With the immediate reaction to this headline, the US Dollar (USD) weakened against its rivals. At the time of press, the USD Index was down 0.23% on the day at 97.88. Meanwhile, US stock index futures continue to trade mixed, with the S&P 500 Futures rising 0.15% and the Nasdaq Futures losing about 0.2% on the day.

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