India, June 23 -- The U.S. Dollar value edged higher for the fourth consecutive session as concerns of a high interest rate in the near term overshadowed the progress in U.S.-Iran talks and the resumption of shipping traffic across the Strait of Hormuz.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 101.38, up by 0.37 (or 0.37%) today.
In the U.S., the data on private sector employment by Automatic Data Processing showed a rise by a weekly average of 30,750 jobs in the last four weeks up to June 6.
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