Breaking: United States and Iran reportedly reached a deal, Trump's approval pending – Axios

Valeria Bednarik FXStreet

Axios journalist Barak Ravid reported on Thursday that the US and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Donald Trump has yet to give it his final approval, according to two US officials and a regional source involved in mediation efforts.

Market reaction

The US Dollar (USD) extends its slide following the latest encouraging headline, while stock markets trimmed early losses and turned positive for the day.

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the New Zealand Dollar.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		-0.23%	-0.08%	-0.16%	-0.09%	-0.12%	-0.36%	-0.23%
EUR	0.23%		0.15%	0.07%	0.14%	0.11%	-0.08%	0.02%
GBP	0.08%	-0.15%		-0.06%	-0.02%	-0.04%	-0.26%	-0.17%
JPY	0.16%	-0.07%	0.06%		0.05%	0.02%	-0.23%	-0.09%
CAD	0.09%	-0.14%	0.02%	-0.05%		-0.02%	-0.26%	-0.14%
AUD	0.12%	-0.11%	0.04%	-0.02%	0.02%		-0.22%	-0.12%
NZD	0.36%	0.08%	0.26%	0.23%	0.26%	0.22%		0.11%
CHF	0.23%	-0.02%	0.17%	0.09%	0.14%	0.12%	-0.11%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

Author

Valeria Bednarik

FXStreet

Valeria Bednarik was born and lives in Buenos Aires, Argentina. Her passion for math and numbers pushed her into studying economics in her younger years.

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