The U.S. Dollar value ended nearly flat after U.S. President Donald Trump rejected Iran's response to a U.S.-offered plan to end the gulf war. However, expectations of traders that the upcoming meeting between U.S. and Chinese premiers could yield a solution to the crisis capped the gains.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 97.94, up by 0.04 (or 0.04%) today.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.