India, July 29 -- The U.S. Dollar value edged lower as the Federal Reserve keeps interest rates steady after its two-day meeting while the fresh escalation in the Middle East triggered a rebound in crude oil prices.

The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 100.82, down by 0.60 (or 0.59%) today.

According to the Mortgage Bankers Association, the Purchase Index decreased to 159.80 on July 24 from 165.80 of the previous week.

For comments and feedback contact: editorial@rttnews.com

Published by HT Digital Content Services with permission from RTT News....