The U.S. dollar advanced against major currencies on Wednesday, recovering some of its recent losses, as traders looked ahead to the Federal Reserve's monetary policy, due next week.
The greenback was also supported by U.S. President Donald Trump's comments that he hopes U.S. and China could eventually reach a deal.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.