May 18, 2026
US Dollar Index turns upside down to near 99.15 on hopes of Hormuz stability
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, gives back its early gains and turns negative to near 99.15 during the European trading session on Monday. In the Asian session, the USD Index rose to near 99.45, the highest level seen in over five weeks.
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