US President Donald Trump reiterated early Thursday that Iran is negotiating to end the war.

Key quotes via AFP

They are negotiating, by the way, and they want to make a deal so badly.

But they’re afraid to say it, because they figure they’ll be killed by their own people.

No one in Iran wants to be Supreme Leader right now.

On the contrary, Iranian Foreign Minister Abbas Araghchi said on state TV that his government had not engaged in talks to end the war, citing that “we do not plan on any negotiations”.

“Speaking of negotiations now is an admission of defeat,” the minister added.

Market reaction

The US Dollar Index (DXY) is preserving the recent recovery gains in Thursday’s Asian trading, currently flat at around 99.65.

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