Iran’s Foreign Minister: Iran willing to exercise restraint, has no intention of further escalation

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Iran's Foreign Minister, Hossein Amir-Abdollahian, stated that Iran is willing to exercise restraint and has no intention of further escalating the situation. This statement came after a meeting with the Chinese counterpart, where China expressed confidence in Iran's ability to handle the situation while safeguarding its sovereignty and dignity. Despite the thaw in the Israel-Iran conflict, the US Dollar continues to find demand as a safe-haven currency. The article also provides an explanation of the terms 'risk-on' and 'risk-off' in financial markets, as well as the key assets and currencies that are influenced by these sentiments.

https://www.fxstreet.com/news/irans-foreign-minister-iran-willing-to-exercise-restraint-has-no-intention-of-further-escalation-202404160153

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