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U.S. Dollar Advances Amid Ongoing Gulf Crisis, U.S.-China Summit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The U.S. Dollar value edges higher as Middle East tensions continue in the absence of a peace deal while market focus shifts to U.S.-China summit anticipating possible announcements on Chinese intervention to defuse the U.S.-Iran conflict.The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 98.89, up by 0.43 (or 0.44%) today.T...

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Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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