"Iran agreement is in final shape": US President Trump signals de-escalation

Source Fxstreet

United States (US) President Donald Trump said on Thursday that he has canceled planned military strikes against Iran as negotiators are close to reach an agreement on the final elements of a deal." The documents are pretty final shape, so we'll see," he said during an event at the Oval Office.

Key quotes:

Canceled scheduled strikes and bombings against Iran this evening.

As President of the United States of America, I have canceled scheduled strikes and bombings against Iran this evening.

Discussions and final points have been, in both concept and great detail, approved by all parties involved.

Naval blockade will remain in full force and effect until this transaction is finalized.

Time and place of signing to be announced shortly.

Signing soon.

Documents in pretty final stage.

Finalization possible in next few days.

Made a great settlement.

Spoke to Netanyahu.

Will talk to Turkey's Erdogan.

Strait of Hormuz will open as soon as we sign.

Trump told the Qatari Emir that efforts continue to complete final procedures before announcing arrangements to sign the agreement.

Iran has not yet agreed to any document for a memorandum of understanding with the United States, according to Iran's Fars News Agency.”

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 -0.40% -0.38% -0.43% 0.14% -0.65% -0.81% -0.71%
EUR 0.40% 0.02% -0.02% 0.53% -0.36% -0.39% -0.32%
GBP 0.38% -0.02% -0.04% 0.52% -0.36% -0.40% -0.34%
JPY 0.43% 0.02% 0.04% 0.56% -0.33% -0.37% -0.28%
CAD -0.14% -0.53% -0.52% -0.56% -0.88% -0.90% -0.85%
AUD 0.65% 0.36% 0.36% 0.33% 0.88% -0.03% 0.02%
NZD 0.81% 0.39% 0.40% 0.37% 0.90% 0.03% 0.07%
CHF 0.71% 0.32% 0.34% 0.28% 0.85% -0.02% -0.07%

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).

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
More Pain For Bitcoin? Analyst Explains Why BTC’s Bottom May Be Months AwayAs Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead. Related
Author  NewsBTC
19 hours ago
As Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead. Related
placeholder
Elizabeth Warren pushes SEC to delay SpaceX IPO as valuation debate intensifiesSen. Elizabeth Warren (D-Mass.), in yet another attack on big tech, has called on the SEC to delay SpaceX’s planned initial public offering.  Wall Street was already having arguments over whether or not a $1.75 trillion price tag can be justified, and now Senator Warren has intervened just days before SpaceX is set to begin...
Author  Cryptopolitan
20 hours ago
Sen. Elizabeth Warren (D-Mass.), in yet another attack on big tech, has called on the SEC to delay SpaceX’s planned initial public offering.  Wall Street was already having arguments over whether or not a $1.75 trillion price tag can be justified, and now Senator Warren has intervened just days before SpaceX is set to begin...
placeholder
The Fed faces a 3 year inflation high after appointing a new Fed ChairU.S consumer prices reached their highest in three years last month. While the Middle East war continues, the new CPI has put further pressure on Fed already amidst its major leadership change. In the last 12 months, the CPI went up by 4.2% through May, the largest jump since 2023. The most affected category is...
Author  Cryptopolitan
20 hours ago
U.S consumer prices reached their highest in three years last month. While the Middle East war continues, the new CPI has put further pressure on Fed already amidst its major leadership change. In the last 12 months, the CPI went up by 4.2% through May, the largest jump since 2023. The most affected category is...
placeholder
SpaceX IPO Can Pump $100 Billion Into Google’s Alphabet StockThe SpaceX IPO, the largest listing in history, is set to price this week, with Alphabet (GOOGL) stock fresh off a 12.67% slide from its May 18 record.The debut turns a decade-old bet worth close to $
Author  Beincrypto
20 hours ago
The SpaceX IPO, the largest listing in history, is set to price this week, with Alphabet (GOOGL) stock fresh off a 12.67% slide from its May 18 record.The debut turns a decade-old bet worth close to $
placeholder
Disciplined Retail Traders Could Beat the S&P 500, NYSE Veteran Tuchman SaysDisciplined retail traders who follow the rules could probably beat the S&P 500, according to Peter Tuchman, the longest-serving floor trader at the New York Stock Exchange.The 40-year veteran, who tr
Author  Beincrypto
20 hours ago
Disciplined retail traders who follow the rules could probably beat the S&P 500, according to Peter Tuchman, the longest-serving floor trader at the New York Stock Exchange.The 40-year veteran, who tr
goTop
quote