The U.S. Dollar value edges lower as expectations of an end to the gulf war continues to increase since U.S. offered Iran a peace deal which Iran is currently reviewing, boosting market sentiments and easing inflationary concerns.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 97.84, down by 0.38 (or 0.39%) today.
On the economic front in the U.S., the data released by the Bureau of Labor Statistics today revealed that the US economy added 115,000 jobs in April.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.