The U.S. Dollar value edged higher as reopening of Strait of Hormuz delays after Iran announced pausing negotiations with the U.S. to protest against Israeli attacks on Lebanon. Tension eased a little following U.S. President Donald Trump's assurance that negotiations are continuing at a rapid pace.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 99.18, up by 0.28 (or 0.28%) today.
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Forex News
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.