Trump signals diplomatic push on Ukraine and Iran as diesel ban looms
US President Donald Trump is figuring out a solution to end the war between Russia and Ukraine, after meeting with Ukrainian President Volodymyr Zelenskyy. Furthermore, he added that Russian President Vladimir Putin is willing to meet to end the war.
Regarding the Middle East conflict, he said that officials met with an Iranian delegation for three hours in a very productive meeting.
Trump added that Russia's refining capacity took a serious hit, affecting both the Russians and diesel prices. The US President added that he is considering a ban on diesel exports, which the US Treasury Secretary confirmed, saying, “We are examining that.”
Key highlights:
Zelenskyy and I are figuring out a solution to end war
Inside Russia on refining capacity is a serious hit on the Russians and a serious hit on diesel prices
Trump on ban on diesel exports: I've called for that too
Bessent on ban on diesel exports: we are examining that
Putin is willing to meet to end war
Will talk about patriot missiles with Zelenskiy
US officials met with an Iranian delegation earlier for three hours
The Iran meeting was very productive; another is scheduled in the near future
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.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.22% | 0.25% | 0.00% | 0.28% | 0.09% | -0.15% | -0.04% | |
| EUR | -0.22% | 0.03% | -0.18% | 0.08% | -0.12% | -0.36% | -0.24% | |
| GBP | -0.25% | -0.03% | -0.25% | 0.01% | -0.17% | -0.40% | -0.28% | |
| JPY | 0.00% | 0.18% | 0.25% | 0.29% | 0.10% | -0.16% | -0.01% | |
| CAD | -0.28% | -0.08% | -0.01% | -0.29% | -0.18% | -0.43% | -0.29% | |
| AUD | -0.09% | 0.12% | 0.17% | -0.10% | 0.18% | -0.25% | -0.11% | |
| NZD | 0.15% | 0.36% | 0.40% | 0.16% | 0.43% | 0.25% | 0.14% | |
| CHF | 0.04% | 0.24% | 0.28% | 0.00% | 0.29% | 0.11% | -0.14% |
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
Christian Borjon Valencia
FXStreet
Markets analyst, news editor, and trading instructor with over 14 years of experience across FX, commodities, US equity indices, and global macro markets.
