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Dollar steady after US-Iran talks while pound dips on Starmer exit

The US dollar remained steady or climbed slightly following the first round of talks with Iran. British Prime Minister Keir Starmer announced his resignation, causing choppy trading and initial dips for the pound. The US and Iran established a 60-day roadmap toward a final deal.

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What changed

The US and Iran agreed to a 60-day roadmap and a temporary waiver of sanctions.

Live updates

  1. Dollar holds firm as US-Iran talks end; Pound volatile after Starmer resignation

    The US dollar remained steady or climbed slightly following the first round of talks with Iran. British Prime Minister Keir Starmer announced his resignation, causing choppy trading and initial dips for the pound. The US and Iran established a 60-day roadmap toward a final deal.

    What's confirmed:

    • The US and Iran agreed to a 60-day roadmap towards a final deal.
    • British Prime Minister Keir Starmer announced his resignation.
    • The US dollar rose 0.06% to 100.90.
    • The US waived sanctions on Iran for 60 days.

    Still unconfirmed:

    • The yen is nearing 40-year lows.
    • Qatar and Pakistan are mediating the US-Iran talks.
    confidence 90%