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Dollar rise against the currencies amid the Iran-US conflict

2019-07-08 04:10 pm | Resource: News | No Views : 57

Dollar rise against the currencies amid the Iran-US conflict

The dollar traded against major currencies on Monday at the start of weekly trading as traders continued to push the US and Iran into a joint work plan

Pence: US ready to talk to Iran

The United States "will not retreat" despite the fact that the country "does not seek war with Iran," Vice President Mike Pines is due to say in a speech on Monday.

"The United States is not seeking a war with Iran, we are ready to speak, we are ready to listen, but America will not back down," he said in remarks to be made at a United Nations Christian event in Israel. He is also scheduled to say that the Joint Comprehensive Action Plan (JCPOA) was "catastrophic".

Earlier, Iranian Foreign Minister Mohammad Jawad Zarif said the United States could not get a better deal than the comprehensive joint action plan that Washington withdrew from in 2015.

Zarif: The United States will not get a better deal than the overall joint action plan

The United States and Iran can not reach a "better deal" than the joint comprehensive plan of action, also known as the Iranian nuclear deal, which was reached in 2015. Foreign Minister Mohammad Javad Zarif said in a tweet on Monday that the United States and Iran could not reach a "better deal"

The minister wrote: "#B_Team @ RealDonaldTrump sold on the crap that killed # JCPOA through # economic terrorism can get a better deal.Because it has become increasingly clear that there will be no better deal, they urge full compliance with Iran there is a way out , But not with the administrator #B_Team. "

Zarif also invited Trump's aides, led by National Security Adviser John Bolton, to "Team Team" after he published a link to a Bolton proposal in 2017 aimed at persuading President Donald Trump to withdraw from the JCPOA. Trump pulled out of the deal in May 2018.

Dollar trading against currencies
  •  The Dollar Index, which tracks the performance of the greenback versus a basket of six currencies, rose 0.17% to 97.42 points.
  • Against the dollar, the euro was down 0.13% at $ 1.1207.
  • GBPUSD fell against the dollar at $ 1.2504
  • The Japanese currency fell against its US counterpart at 108.68 yen.

Other analysis

Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…

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