IRAN’S FOREIGN MINISTER: IRAN WILLING TO EXERCISE RESTRAINT, HAS NO INTENTION OF FURTHER ESCALATION

Following his meeting with the Chinese counterpart, Iranian Foreign Minister Hossein Amir-Abdollahian said that “Iran is willing to exercise restraint and has no intention of further escalating the situation.”

In a phone call with Iran’s Foreign Minister, China's Foreign Minister noted that 'It is believed that Iran will be able to grasp the situation well and avoid further instability while safeguarding Iran's sovereignty and dignity.”

Market reaction

Despite a thaw in the Israel-Iran conflict, the safe-haven US Dollar continues to find demand against its major counterparts, with the US Dollar Index trading 0.13% higher on the day at 106.35, as of writing