In a post published on Truth Social on Monday, United States (US) President Donald Trump noted that negotiations with the Islamic Republic of Iran are proceeding nicely.

"Deal for all or, no Deal at all — Back to the Battlefront and shooting, but bigger and stronger than ever before — And nobody wants that," Trump added.

Meanwhile, Reuters reported that Iranian top negotiator Qalibaf and foreign minister Araqchi are in Doha to meet Qatar’s PM over a potential US-Iran deal to end the conflict.

"Discussions in Doha are primarily focused on Strait of Hormuz and highly enriched uranium," Reuters added and further stated that Iran's central bank governor is also a part of the delegation in Doha to discuss a potential release of frozen Iranian funds as part of an eventual final agreement.

Market reaction

The US Dollar (USD) remains under pressure in the second half of the day on Monday. At the time of press, the USD Index was down 0.35% on the day at 98.97.