Senior Iranian Official says Iran's initial response to the US proposal is "not positive" but Iran is still reviewing the proposal, Reuters reports

The senior Iranian official's statement about the US proposal indicates a cautious and negative initial response, which could lead to heightened geopolitical tensions. This reaction may impact sentiment in the forex market, particularly for the USD and JPY, and could affect commodity markets, especially oil and gold, depending on how the situation develops and whether negotiations escalate or de-escalate.