The U.S. Dollar value advanced amid mixed reports indicating Iran attempting to assert control over the Strait of Hormuz while reviewing the U.S. memorandum to end the war.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 98.23, up by 0.19 (or 0.19%) today.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.