Iran confirms no discussions over US-Iran ceasefire extension for now - Reuters

Iran has confirmed that there are currently no talks about extending the ceasefire agreement with the US, according to a senior Iranian source reported by Reuters. From Iran's standpoint, there is no established start date for the ceasefire, hence no need for an extension. The United States breached the interim pact within 48 hours of its inception and subsequently withdrew from it several days later.

Discussions are currently centered around the US' adherence to the agreement, particularly regarding their commitment to returning to the Memorandum of Understanding (MoU) and outlining a timeline for fulfilling their obligations. There is no observable impact on the US Dollar (USD) following Iran's remarks. At present, the US Dollar Index (DXY) is trading flat around 99.85.

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