Iran made a big mistake by targeting its neighbors

Pete Hegseth, United States (US) Secretary of War, said that Iran made a big mistake targeting its neighbors at a Pentagon briefing alongside Chairman of the Joint Chiefs of Staff General Dan Caine on Tuesday

Key takeaways:

Iran made a big mistake by targeting its neighbors.

If Iran does anything to stop the flow of oil within the Strait of Hormuz, they will be hit harder than ever.“

Caine added that they’re looking at a range of options if tasked with escorting ships through the Strait of Hormuz.

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 Japanese Yen.

USDEURGBPJPYCADAUDNZDCHF
USD-0.09%-0.19%0.05%-0.20%-0.65%-0.14%-0.31%
EUR0.09%-0.09%0.13%-0.12%-0.56%-0.05%-0.21%
GBP0.19%0.09%0.17%-0.04%-0.48%0.03%-0.11%
JPY-0.05%-0.13%-0.17%-0.24%-0.69%-0.19%-0.33%
CAD0.20%0.12%0.04%0.24%-0.45%0.06%-0.08%
AUD0.65%0.56%0.48%0.69%0.45%0.50%0.35%
NZD0.14%0.05%-0.03%0.19%-0.06%-0.50%-0.14%
CHF0.31%0.21%0.11%0.33%0.08%-0.35%0.14%

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).

Source: https://www.fxstreet.com/news/us-secretary-of-war-hegseth-iran-made-a-big-mistake-by-targeting-its-neighbors-202603101323