Iran confirms sending team to Pakistan for negotiations with US

Iranian ambassador Reza Amiri Moghadam confirms, through a tweet on X during early European trading hours on Thursday, that a team is scheduled to visit Pakistan at night for the first round of talks on the 10-point proposal plan with the United States (US).

EUR/JPY advances above 185.00 as fiscal expansion pressures Japanese Yen

The EUR/JPY cross gathers strength to near 185.20 during the early European session on Thursday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid fiscal expansion concerns. The German Industrial Production data for February is due later on Thursday.