U.S. Dollar Ticks Lower As Crude Oil Nosedives Amid Qatar's Push For U.S.-Iran Diplomacy

India, Nov. 2 -- The U.S. Dollar value inched lower on Monday as oil-linked inflation concerns lowered after expectations on reopening of the Strait of Hormuz increased due to hopes that the ongoing U.S.-Iran conflict could settle through the diplomatic route.

Today, the U.S. Dollar Index DXY, which measures the Greenback against a basket of other major currencies, was last seen trading at 101.78, down by 0.09 (or 0.09%).

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