The euro traded slightly softer against the dollar in New York on the 24th, with EUR/USD at $1.1663 as of 4:00 p.m. after U.S. Treasury Secretary Bessent’s Iran sanctions remarks spurred safe-haven dollar buying. Bessent said involvement in Iranian money laundering would cut off access to the dollar, secondary sanctions could apply to all countries, and he expects to announce sanctions on major financial institutions within the week, while launching an “Economic Outcast” campaign. EUR/USD briefly fell to $1.1655. Dollar-yen rose to 159.18 yen but stayed in a narrow low-159 range as markets weighed the Japan-U.S. interest-rate differential and potential Japanese intervention, with EUR/JPY near 185.66 yen.