MARKETS03:57 UTC19h ago 1 min readSource: FXStreet

US Dollar Index slips below 98.00 on Middle East de-escalation hopes

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US Dollar Index slips below 98.00 on Middle East de-escalation hopes
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The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is continuing its losing that began on April 6 and trading around 97.90 during the Asian hours on Thursday.

AI Executive Brief
  • / The US Dollar Index (DXY) has fallen below 98.00 due to hopes of de-escalation in the Middle East.
  • / The decline began on April 6 and continues during Asian trading hours.
  • / The index measures the USD against six major currencies.

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