India, July 31 -- The U.S. Dollar value edged lower as investors attempted to gauge the U.S. Federal Reserve's policy outlook for the rest of the year in the backdrop of U.S. economic data releases amid a surge in crude oil prices due to the U.S.-Iran conflict.

Today, the U.S. Dollar Index DXY which measures the Greenback against a basket of other major currencies was last seen trading at 99.71, down by 0.36 (or 0.36%).

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