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"Iran agreement is in final shape": US President Trump signals de-escalation

United States (US) President Donald Trump said on Thursday that he has canceled planned military strikes against Iran as negotiators are close to reach an agreement on the final elements of a deal." The documents are pretty final shape, so we'll see," he said during an event at the Oval Office.

Key quotes:

Canceled scheduled strikes and bombings against Iran this evening.

As President of the United States of America, I have canceled scheduled strikes and bombings against Iran this evening.

Discussions and final points have been, in both concept and great detail, approved by all parties involved.

Naval blockade will remain in full force and effect until this transaction is finalized.

Time and place of signing to be announced shortly.

Signing soon.

Documents in pretty final stage.

Finalization possible in next few days.

Made a great settlement.

Spoke to Netanyahu.

Will talk to Turkey's Erdogan.

Strait of Hormuz will open as soon as we sign.

Trump told the Qatari Emir that efforts continue to complete final procedures before announcing arrangements to sign the agreement.

Iran has not yet agreed to any document for a memorandum of understanding with the United States, according to Iran's Fars News Agency.”

US Dollar Price Today

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

USDEURGBPJPYCADAUDNZDCHF
USD-0.40%-0.38%-0.43%0.14%-0.65%-0.81%-0.71%
EUR0.40%0.02%-0.02%0.53%-0.36%-0.39%-0.32%
GBP0.38%-0.02%-0.04%0.52%-0.36%-0.40%-0.34%
JPY0.43%0.02%0.04%0.56%-0.33%-0.37%-0.28%
CAD-0.14%-0.53%-0.52%-0.56%-0.88%-0.90%-0.85%
AUD0.65%0.36%0.36%0.33%0.88%-0.03%0.02%
NZD0.81%0.39%0.40%0.37%0.90%0.03%0.07%
CHF0.71%0.32%0.34%0.28%0.85%-0.02%-0.07%

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

Agustin Wazne

Agustin Wazne joined FXStreet as a Junior News Editor, focusing on Commodities and covering Majors.

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