The U.S. Dollar value changed a little amid expectations of a U.S.-Iran peace deal after U.S. President Donald Trump's reassured uninterrupted negotiations going on between both the nations, contrary to Iranian media reports. However, inflationary concerns due to continued closing of the Strait of Hormuz 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 99.21, down by 0.04 (or 0.04%) 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.