|

US President Trump: US Navy has cleared Strait of Hormuz mines

United States (US) President Donald Trump said the US Navy has cleared the Strait of Hormuz of mines, removing one of the supply risks that has kept the Oil market on edge. In a post on Truth Social, he said he had been informed that all mines had been removed or detonated from the waterway's international waters, and that Iran had been warned that any new mine-laying would be met with force.

Trump set out what he called a zero-tolerance policy, saying any ship or boat placing new mines would be "immediately and systematically destroyed." He added that the US is monitoring the strait through Space Force, along with Iran's Pickaxe Mountain site and three nuclear facilities he said had already been destroyed.

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-0.02%0.00%0.10%-0.04%-0.07%-0.13%0.05%
EUR0.02%0.03%0.11%-0.00%-0.05%-0.13%0.07%
GBP-0.00%-0.03%0.11%-0.03%-0.06%-0.14%0.05%
JPY-0.10%-0.11%-0.11%-0.16%-0.18%-0.26%-0.05%
CAD0.04%0.00%0.03%0.16%-0.02%-0.10%0.11%
AUD0.07%0.05%0.06%0.18%0.02%-0.07%0.10%
NZD0.13%0.13%0.14%0.26%0.10%0.07%0.20%
CHF-0.05%-0.07%-0.05%0.05%-0.11%-0.10%-0.20%

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 remains stuck in tight range above 1.3600

GBP/USD extends its consolidation into a second consecutive day on Tuesday and fluctuates in a narrow band above 1.3600. The US Dollar stabilizes as investors assess US sanctions on Iran, while diplomatic efforts creep back amid reports that Pakistan is carrying an offer to Iran to halt the siege and lift sanctions under the Memorandum of Understanding.

EUR/USD stays below 1.1700 after weak US consumer confidence data

EUR/USD struggles to gather recovery momentum and trades below 1.1700 in the second half of the day on Tuesday. The US Dollar (USD) benefits from the cautious mood as investors assess the latest developments in the Middle East. Meanwhile, disappointing consumer sentiment data from the US helps the pair hold its ground.

Gold takes a breather after climbing to a fresh three-month high, US PCE in focus

Gold (XAU/USD) extends its intraday decline during American trading hours on Tuesday after setting a fresh three-month high of $4,697 earlier in the day.

Crypto Today: Bitcoin soars past $80K as Ethereum and XRP hold gains

Bitcoin (BTC) is trading above $80,000 on Tuesday. This is the highest level the Crypto King has traded since mid-May, underscoring a positive shift in investors' risk-on sentiment, liquidity conditions and the technical outlook.

Nvidia earnings: A quick look at expectations

The 2026 Q2 earnings season is nearly over for S&P 500 members, with the reporting cycle notably positive. But looming large this week is none other than AI-favorite NVIDIA (NVDA) , whose results will wrap up the reporting cycle for the Magnificent Seven group as well.

$20 billion offered, $2 billion taken: Why Treasury doubled its buyback cap

The US Treasury moved off its own calendar on Wednesday, and that is the part worth sitting with. At 12:32 GMT, the department said it would at least double the size of liquidity support buyback operations in the 10-year to 20-year and 20-year to 30-year sectors, lifting the maximum from $2 billion per operation to at least $4 billion, effective September 9 and running to November 4.