The U.S. Dollar value slipped a little as near-term inflationary concerns ease up after Iran announces immediate reopening of the Strait of Hormuz, dispelling crude oil supply disruption concerns.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 98.19, up by 0.02 (or 0.02%) today.
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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.