The U.S. Dollar value traded unchanged as positive indications of de-escalation in the Middle East tensions surface after Israel-Lebanon truce announcement. Consequential fall in crude oil prices reduced inflationary pressures.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 99.44 unchanged from yesterday.
While against the Euro, USD was trading at 1.161, down by 0.10%, against the GBP, it was trading at 1.342, down by 0.04%.
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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.