Dollar rises as Iran headlines, policy decisions, and earnings reports intersect
Good morning. The dollar is advancing and Brent crude prices are back above $110 a barrel as the US and Iran fail to make meaningful progress toward a deal that might relieve strain on global energy markets. Over the weekend, Iranian Foreign Minister Abbas Araghchi reportedly proposed that Tehran and Washington end their blockades and maintain a regional ceasefire while postponing nuclear talks to a later date, but the White House response was cool: press secretary Karoline Leavitt said President Trump was reviewing the proposal, adding that his red lines on Iran had been made “very, very clear”. With oil...