Emerging-market FX index erased losses after the US CPI release; Mexican peso (MXN) and South African rand (ZAR) reached intraday highs.

President Trump said he will make the tax cuts already enacted permanent.

Mohsen Rezaee, secretary of Iran’s Supreme National Security Council, said on the 10th that political actions by the IAEA will force some countries to withdraw from the Nuclear Non‑Proliferation Treaty (NPT). The IAEA Board of Governors on the 9th approved a resolution backed by the UK, France and Germany to refer alleged Iranian breaches of non‑proliferation obligations to the UN Security Council. Iran’s IAEA envoy Reza Najafi called the resolution a political tool rather than a technical document and said the IAEA should carry out technical duties, not serve any country’s political agenda.