In a post published on Truth Social on Friday, United States (US) President Donald Trump said that the naval blockade will be lifted and ships caught in the Strait of Hormuz may start the process of “heading home.” “Iran must agree that they will never have a Nuclear Weapon or…
mb. The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions,” President Trump said and added the enriched material will be “unearthed by the United States, in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency.” Trump concluded his post by noting that he will be having a meeting in the Situation Room to make a final determination
Market reaction With the immediate reaction, the US Dollar (USD) came under renewed selling pressure. At the time of press the USD Index was down 0.15% on the day at 98.83. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today.
US Dollar was the weakest against the New Zealand Dollar. Author