India, Nov. 10 -- The U.S. Dollar value moved higher on Tuesday with heightening expectations of an interest rate hike by the U.S. Federal Reserve following the release of U.S. inflation data which came in exceeding analysts' forecasts. In addition, despite a pause in the U.S. attacks on Iran, the absence of a breakthrough in negotiations kept inflation concerns alive.
Today, the U.S. Dollar Index DXY, which measures the Greenback against a basket of other major currencies, was last seen trading at 102.24, up by 0.59 (or 0.58%).
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