A U.S. official told CNN that expectations are low for Friday’s meeting in Geneva between Iranian negotiator Abbas Araqchi and the foreign ministers of three European nations.
Despite the cautious outlook, a White House official noted that progress cannot be ruled out, leaving the door open — however narrowly — for diplomatic movement.
ADDED – my bad, UK, France and German foreign ministers, not 3 from the EU.
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This does not sound too hopeful, but its something to hope for I guess. I noted earlier:
Relatively quiet re news from the Middle East is supporting risk FX
Add this ‘hope’ into the supportive mix for markets.
This article was written by Eamonn Sheridan at www.forexlive.com.