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US President Trump: Strait of Hormuz will be opened very soon if there's a deal

United States (US) President Donald Trump said that he had some strong talks over the Iran war and that they’ll see where the talks lead. Adding that if the talks can carry through, the conflict will end, speaking to reporters before boarding his presidential plane on Monday.

Key takeaways:

We have had strong talks.

We'll see where talks lead.

Have major points of agreement.

Witkoff, Kushner had talks.

If they carry through, will end conflict.

Discussions on Sunday into evening.

They want to make a deal, we want to make a deal too.

Will talk today probably by phone.

Hope to meet soon.

Hope to settle this.

Talked to top leadership.

US talked to Iranian top respected leader.

Have not heard from ayatollah's son supreme leader.

I don't want him to be killed.

Don't know if he is living.

Looking for no nuclear weapons, peace in Middle East.

Want nuclear dust, have agreed to that.

Want no enrichment, and want enriched uranium.

If deal happens, it's a great start for Iran and great for region.

Israel will be very happy with what we have.

Talked to Israel a little while ago.

Can't guarantee a deal.

They called, I didn't call.

Very easy to take enriched uranium ourselves if we have a deal.

We don't talk strategy.

Think it was an imminent threat.

They have no telecommunication so imagine they have a lack of communication.

I don't consider Khamenei's son the leader.

Are 15 points of agreement. They have agreed to no nuclear weapon.

Maybe joint leadership. Will be very serious form of regime change.

Maybe we find a leader like we did in Venezuela.

I want to have as much oil in the system as possible.

Don't think they are getting any oil money.

The price will drop like a rock as soon as there's a deal.

Strait of Hormuz will be opened very soon if there's a deal.”

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-0.47%-0.81%-0.60%-0.33%-0.47%-0.70%-0.40%
EUR0.47%-0.33%-0.17%0.12%0.12%-0.25%0.06%
GBP0.81%0.33%0.15%0.46%0.46%0.08%0.38%
JPY0.60%0.17%-0.15%0.29%0.15%-0.17%0.20%
CAD0.33%-0.12%-0.46%-0.29%-0.16%-0.51%-0.11%
AUD0.47%-0.12%-0.46%-0.15%0.16%-0.37%0.06%
NZD0.70%0.25%-0.08%0.17%0.51%0.37%0.34%
CHF0.40%-0.06%-0.38%-0.20%0.11%-0.06%-0.34%

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).

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Agustin Wazne

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

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