USD Watch: Iran's Pezeshkian Seeks US Return to MOU Before Midterms

Iranian President Masoud Pezeshkian said Tehran wants progress with Washington before the US midterm elections. Speaking briefly with NBC News and other outlets on the sidelines of the United Nations General Assembly, he said: "We wish Americans to return to the MOU before the midterms" and "We don't want it to get to the midterm elections." The significance lies mainly in the timing. Tehran is signaling a preference for movement on the memorandum of understanding before the US political calendar could complicate negotiations. The source reports no price reaction, pip movement or technical levels, and does not name specific currency pairs or economic data. For traders, the key question is whether both sides take concrete steps toward talks. That would shape the geopolitical risk backdrop. Until such steps appear, the comments are a political signal rather than a confirmed market catalyst.