[MARKET ANALYSIS] DXY is flat amid the mixed messages regarding US-Iran talks

DXY: FlatTrades rangebound amid a lack of FX-moving catalysts and following the recent mixed signals from US and Iran about talks, which Iran's Foreign Minister Araghchi denied were taking place, but stated the US sent messages through mediators, and that the exchange of messages does not mean negotiations, while US President Trump insisted that Iran is negotiating and wants a deal, but is afraid to say so. Nonetheless, the strikes across the Middle East continued overnight, including in Iranian cities and several US bases in the region.EUR/USD: FlatRemains lacklustre and languishes beneath the 1.1600 handle as the Iran conflict and energy crisis risks impacting the economy, while the recent bout of ECB rhetoric did little to support the single currency.GBP/USD: -0.1%Demand is subdued amid economic headwinds from the war in the Middle East and after having ultimately failed to benefit from the latest inflation report, while there are several BoE speakers scheduled for today.USD/JPY: %Mildly extended on the prior day's gains with a firmer footing above the 159.00 level with momentum helped by recent dollar strength and a rebound in oil prices.Antipodeans: AUD/USD -0.1% / NZD/USD -0.2%Lack of demand amid the overall cautious risk appetite and absence of any pertinent data releases