Iran and Oman held discussions on safe transit through Strait of Hormuz
According to the state media, Iran's foreign ministry spokesperson said during the European trading session on Monday that technical teams from Iran and Oman met last week in Oman to negotiate a mechanism for safe transit in the Strait of Hormuz.
Market reaction
There is a sharp correction in the US Dollar (USD), following the news release. As of writing, the US Dollar Index (DXY) trades 0.1% lower to near 99.15 after correcting from an over five-week high of 99.40 posted early in the day. The WTI Oil price has also faced a slight correction from its intraday high of $103.86, but is still 1.66% higher, trading at around 102.60.
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 Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.10% | -0.21% | 0.06% | -0.05% | -0.02% | -0.21% | -0.22% | |
| EUR | 0.10% | -0.13% | 0.15% | 0.03% | 0.06% | -0.12% | -0.13% | |
| GBP | 0.21% | 0.13% | 0.28% | 0.15% | 0.19% | -0.02% | -0.01% | |
| JPY | -0.06% | -0.15% | -0.28% | -0.15% | -0.10% | -0.31% | -0.30% | |
| CAD | 0.05% | -0.03% | -0.15% | 0.15% | 0.04% | -0.15% | -0.16% | |
| AUD | 0.02% | -0.06% | -0.19% | 0.10% | -0.04% | -0.18% | -0.20% | |
| NZD | 0.21% | 0.12% | 0.02% | 0.31% | 0.15% | 0.18% | 0.00% | |
| CHF | 0.22% | 0.13% | 0.00% | 0.30% | 0.16% | 0.20% | -0.00% |
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).
