The U.S. dollar extended its slide and slipped to a 6-month low on Tuesday as renewed optimism about global economic growth and U.S.-China trade deal pushed up values of riskier currencies.
The dollar index declined to a low of 96.36 in early trades Tuesday, and despite recovering some lost ground, was still notably lower at 96.49 around late afternoon, trailing its previous close by about 0.26%.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.