|

"The deal’s all signed”: US President Trump trumpets agreement with Iran

United States (US) President Donald Trump said on Monday that the Iran deal had been signed, adding that the Strait of Hormuz had fully reopened and that Oil prices were falling while stocks were rising. The President made the statement shortly after arriving in Evian, France, for a G7 meeting.

Key takeaways:

The deal’s all signed.

Strait all opened.

Strait completely opened on Friday.

Important that oil is plummeting and stocks rising.

Will not have a nuclear weapon.

Will have strong policing.

Hopefully going to be a good relationship.

I may be involved, I may not on Iran signing.

Vance will be coming for signing.

Will release Iran deal text sometime after Friday.

Text will come sometime in the very near future.

No sanctions relief for Iran until they do what they are supposed to do.

Allies: Don’t think we’re going to need much help but not a bad idea.

Do want to see if we can straighten out Lebanon.”

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 Japanese Yen.

USDEURGBPJPYCADAUDNZDCHF
USD-0.30%-0.17%-0.02%-0.04%-0.49%-0.02%-0.40%
EUR0.30%0.13%0.33%0.28%-0.19%0.29%-0.12%
GBP0.17%-0.13%0.19%0.14%-0.34%0.18%-0.25%
JPY0.02%-0.33%-0.19%-0.02%-0.49%-0.04%-0.42%
CAD0.04%-0.28%-0.14%0.02%-0.45%-0.01%-0.40%
AUD0.49%0.19%0.34%0.49%0.45%0.49%0.11%
NZD0.02%-0.29%-0.18%0.04%0.00%-0.49%-0.41%
CHF0.40%0.12%0.25%0.42%0.40%-0.11%0.41%

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.

More from Agustin Wazne
Share:

Editor's Picks

GBP/USD advaces beyond 1.3450 after BoE decision, US Q2 GDP

GBP/USD gains positive momentum on Thursday, surpassing 1.3450 and trading at fresh multi-week highs. The Bank of England decided to maintain the benchmark rate unchanged at 3.75%. The MPC voted 6-3 to keep rates on hold, with the 3 dissenters favoring a rate hike. US Q2 GDP missing expectations helped the pair advance, while renewed US Dollar weakness across the FX board pushed the pair further up ahead of the monthly close.

EUR/USD confortable around 1.1530, highest in six weeks

The EUR/USD pair trades around 1.1530 in the American session on Thursday, reaching fresh six-week highs. The US Dollar is in sell-off mode, with multiple factors weighing on the American currency. Not only did the Federal Reserve vote divided to keep rates on hold on Wednesday, creating doubts about a September hike, but US Q2 GDP missed expectations. A suspected JPY intervention adds pressure on the Greenback.

Gold recovers the $4,100 level as US Dollar weakens further

Gold trades just above $4,100 amid a US Dollar sell-off. The Greenback enjoyed some near-term demand following Wednesday's post-FOMC downfall, but was unable to retain its gains. The preliminary estimate of the US Q2 GDP showed the economy grew at an annual rate of 1.5%, missing the market's expectations of 2.1%.

Bank of Japan set to keep interest rates unchanged after suspected Yen intervention

Investors are turning their attention to the Bank of Japan’s monetary policy announcement on Friday, after the Japanese Yen staged a dramatic rebound during Thursday's American session. The move came amid growing speculation that Japanese authorities intervened in the foreign exchange market after USD/JPY tumbled from above 163.00 to below 158.00 within minutes.

Aave to sunset Sonic, Aptos, zkSync, Scroll reserves, affecting $98 million in supply

Aave is planning to sunset 75 low-activity reserves across its decentralized finance protocol as part of a broader effort to reduce operational, technical and economic risks across its network of deployments.

9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?
The rate did not move. Neither did the statement, and that’s the more interesting fact. Set the July 29 Federal Open Market Committee (FOMC) statement beside the one issued on June 17, and the two documents are identical apart from a single verb and a paragraph at the bottom naming three dissenters.