Trump vows fresh strikes on Iran after missiles targeting US forces are intercepted
- Donald Trump says the United States will strike Iran again in response to attacks on US targets in Jordan.
- The US president also says he will let Iran "keep talking" while still vowing military action.
- The comments come after multiple ballistic missiles targeting US forces in the Middle East were intercepted.
According to Reuters, United States (US) President Donald Trump said in a phone interview with Fox News on Wednesday that the US would carry out further strikes against Iran in response to attacks targeting US positions in Jordan. He also said he would "let them keep talking," suggesting that ongoing discussions would not prevent military action.
The interview was not broadcast, but a Fox News reporter summarized Trump's remarks. The comments mark a further escalation in rhetoric between Washington and Tehran as geopolitical tensions remain elevated across the Middle East.
Market reaction
Investors continue to monitor developments closely, as any further military escalation between the United States and Iran could fuel risk aversion across financial markets and boost demand for safe-haven assets.
The US Dollar (USD) reacted with modest gains following Trump's comments, with the US Dollar Index (DXY) rising 0.04% on the day to trade around 101.45 at the time of writing. Meanwhile, Oil prices move sharply higher, with West Texas Intermediate (WTI) US Oil surging 6.4% to $83.40 per barrel as investors price in the risk of further disruptions to Middle East energy supplies.
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 Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.08% | 0.05% | -0.03% | -0.06% | 0.45% | 0.18% | 0.05% | |
| EUR | -0.08% | -0.03% | -0.11% | -0.17% | 0.39% | 0.09% | -0.03% | |
| GBP | -0.05% | 0.03% | -0.07% | -0.10% | 0.40% | 0.14% | 0.01% | |
| JPY | 0.03% | 0.11% | 0.07% | -0.01% | 0.52% | 0.19% | 0.09% | |
| CAD | 0.06% | 0.17% | 0.10% | 0.01% | 0.53% | 0.22% | 0.12% | |
| AUD | -0.45% | -0.39% | -0.40% | -0.52% | -0.53% | -0.29% | -0.40% | |
| NZD | -0.18% | -0.09% | -0.14% | -0.19% | -0.22% | 0.29% | -0.11% | |
| CHF | -0.05% | 0.03% | -0.01% | -0.09% | -0.12% | 0.40% | 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
Ghiles Guezout
FXStreet
Ghiles Guezout is a Market Analyst with a strong background in stock market investments, trading, and cryptocurrencies. He combines fundamental and technical analysis skills to identify market opportunities.
