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Al Arabiya: Iran agrees to long-term nuclear freeze in lieu of a complete dismantling.

erAl Arabiay is reporting:

  • Iran agrees to a long-term nuclear freeze in lieu of a complete dismantling
  • They have withdrawn demand for compensation. Instead demanding economic concessions
  • Would like to transfer enriched uranium to Russia instead of the US
  • Seeking multiple international guarantees
  • Want a gradual and safe opening of the Strait of Hormuz

A solution comes with dialogue. Of course the “Long term nuclear freeze instead of a complete dismantlement” is a key phrase. What does that mean specifically?. How is it monitored? Or is it too much like Obama’s JCPOA and therefore a non-starter for Trump.

Crude oil has moved lower and trades near $99, down over $2 or 2%. Getting and staying below $100.

Stocks have moved higher with the Dow now up 91 points in pre-market trading, S&P is up 24 points and the Nasdaq is up 160 points.

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Al Arabiya: Iran agrees to long-term nuclear freeze in lieu of a complete dismantling.

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What are the bias, risks, and key targets for the EURUSD, USDJPY, and GBPUSD right now?