|

US President Trump: Iran's proposal is a stupid proposal

United States (US) President Donald Trump said that Iran’s proposal was “stupid” and that they agreed on his terms, but then reversed on them. Trump told reporters in the Oval Office on Monday.

Key takeaways:

Iran's proposal is a stupid proposal.

Iranians said US can have nuclear material but would have to take it out.

Iran agrees with US, then reverses itself.

Iran did not mention not pursuing nuclear weapon in letter.

I am very disappointed in the Kurds.

Ceasefire is on life support.”

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
USD0.06%-0.10%0.24%-0.07%-0.16%0.00%0.13%
EUR-0.06%-0.16%0.15%-0.16%-0.20%-0.04%0.07%
GBP0.10%0.16%0.32%-0.00%-0.05%0.11%0.22%
JPY-0.24%-0.15%-0.32%-0.32%-0.36%-0.22%-0.11%
CAD0.07%0.16%0.00%0.32%-0.05%0.05%0.20%
AUD0.16%0.20%0.05%0.36%0.05%0.14%0.28%
NZD-0.00%0.04%-0.11%0.22%-0.05%-0.14%0.13%
CHF-0.13%-0.07%-0.22%0.11%-0.20%-0.28%-0.13%

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

AUD/USD flirts with 0.7000, lowest since early August amid bullish USD

AUD/USD hits a fresh low since early August during the Asian session on Friday and looks vulnerable near 0.7000 after breaking below the 200-day SMA overnight. Against the backdrop of the hawkish Fed, a two-day rally in oil prices revives inflation fears and continues to push US bond yields to multi-year highs. Adding to this, geopolitical risks lift the US Dollar to a two-month high, overshadowing RBA rate hike bets and weighing on the pair.

USD/JPY pulls back from three-week high after failing near 159.00

USD/JPY edges lower during the Asian session on Friday, stalling its recent strong move to a three-week high of 159.00 as Japanese Yen bears turn cautious amid intervention fears. Meanwhile, the US Dollar retains a strong bullish undertone as the Fed's hawkish outlook and oil-driven inflation fears continue to push US bond yields to multi-year peaks. Furthermore, the BoJ's dovish rate hike last week might cap JPY and support spot prices.

Gold treads water below $4,300

Gold grabs some buying attention and advances marginally at the end of the week, partially retracing the weekly decline, although it is still navigating below the key $4,300 mark per troy ounce. The fresh selling bias on the Greenback and the modest decline in US Treasury yields appear to support the humble advance in the precious metal.

Crypto Today: Bitcoin and Ethereum edge lower, XRP extends recovery as macro headwinds weigh

The broader cryptocurrency market is consolidating on Friday, with Bitcoin paring losses slightly above $84,000. Ethereum declines in tandem with BTC. Ripple (XRP), meanwhile, paints a different picture.



Fed vs BoJ: Both hiked. The market only believes one of them – and the chart shows which
The Federal Reserve (Fed) and the Bank of Japan (BoJ) have just done something remarkably similar. Both central banks raised interest rates by 25 basis points (bps) last week, both are confronting inflation risks, and both signal that future decisions will depend on incoming economic data.
Fed vs BoJ: Both hiked. The market only believes one of them – and the chart shows which

The Fed and the BoJ have just done something remarkably similar. Both central banks raised interest rates by 25 bps last week, both are confronting inflation risks, and both signal that future decisions will depend on incoming economic data.