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.
For comments and feedback contact: editorial@rttnews.com
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.