U.S. Dollar Slides As Inflation Concerns Fade After Trump Softens Stance On Iran Attacks

India, Nov. 9 -- The U.S. Dollar value edged lower on Friday as inflation concerns diminished after a sharp decline in crude oil prices after Qatar accelerated its mediatory efforts to end the U.S.-Iran war and the U.S. halted its plans on attacking Iran.

Today, the U.S. Dollar Index DXY, which measures the Greenback against a basket of other major currencies, was last seen trading at 101.67, down by 0.62 (or 0.61%).

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