Iran's Ambassador to UN in Geneva says for the time being we are very doubtful about the usefulness of negotiation with the US
- Only language for talking with US is language of defence, not time for negotiation.
Context
This statement from Iran's Ambassador suggests heightened tensions and a move away from diplomatic engagement with the US. Such rhetoric can drive volatility in FX markets, particularly affecting USD and JPY given their geopolitical sensitivity, while potentially boosting demand for safe-haven assets like gold amid fears of escalation in conflicts.
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