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Iran acknowledges receiving US ceasefire proposal through Pakistan - Reuters
Iran has confirmed that it has received the proposal of a ceasefire by the United States (US) through Pakistan and has stated that it is being reviewed, according to a Senior Iranian official, Reuters reports.Fxstreet
Mon, Apr 6
US-Iran recieves plan to end hostilities, discuss two-tier deal - Reuters
According to a Reuters report, a source aware of ceasefire proposals between the United States (US) and Iran has stated that both nations are discussing a two-tier deal that involves plans to end hostilities by Monday, followed by the reopening of the Strait of Hormuz and Iran dropping its nuclear aFxstreet
Mon, Apr 6
USD/JPY: Overextension near 160 raises BoJ risk – DBS
Philip Wee at DBS Group Research argues that USD/JPY looks overextended as it tests Japan’s 160 pain threshold. The pair is supported by the US-Japan rate differential, but markets now price a roughly two-thirds chance of a Bank of Japan (BoJ) rate hike on April 28.
Fxstreet
Mon, Apr 6
Eurozone: Inflation and fiscal shifts shape rates – BNY
BNY’s Bob Savage flags unpleasant preliminary March inflation in Europe, driven by energy and refined products, with diesel prices above 2022 levels. Governments are capping fuel costs via tax and margin measures, raising fiscal credibility questions.Fxstreet
Mon, Apr 6
US, Iran discuss 45-day ceasefire as mediators push for deal ahead of deadline
The United States (US), Iran and regional mediators are discussing terms for a possible 45-day ceasefire that could lead to an end of fighting, Bloomberg reported on Monday, citing Axios. The people, who were not named, said chances of reaching a deal over the next 48 hours are low.Fxstreet
Mon, Apr 6
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