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Reuters: US Treasury's Scott Bessent to announce more sanctions on Iran

The United States (US) Treasury is expected to broaden the scope of secondary sanctions it can impose on entities and countries that maintain business ties with Iran, reports Reuters.

The US administration aims to limit Tehran’s business ties with this measure and force the Middle East country to keep the nearly six-month conflict that maintains traffic through the Strait of Hormuz restrained.

US Treasury Secretary Scott Bessent is expected to announce more details of the Iran sanctions in a press conference on Monday at 17:00 GMT.

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.

USDEURGBPJPYCADAUDNZDCHF
USD0.08%-0.01%0.06%0.47%0.10%0.15%0.15%
EUR-0.08%-0.07%0.02%0.40%0.04%0.14%0.08%
GBP0.01%0.07%0.11%0.48%0.10%0.21%0.16%
JPY-0.06%-0.02%-0.11%0.44%-0.06%0.08%0.06%
CAD-0.47%-0.40%-0.48%-0.44%-0.45%-0.25%-0.32%
AUD-0.10%-0.04%-0.10%0.06%0.45%0.11%0.07%
NZD-0.15%-0.14%-0.21%-0.08%0.25%-0.11%-0.05%
CHF-0.15%-0.08%-0.16%-0.06%0.32%-0.07%0.05%

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).

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Agustin Wazne

Agustin Wazne joined FXStreet as a Junior News Editor, focusing on Commodities and covering Majors.

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