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U.S. Dollar Ticks Lower Amid Fed Interest Rate Decision, Middle East Uncertainty

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Published on 2026-10-28 21:00:00
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U.S. Dollar Ticks Lower Amid Fed Interest Rate Decision, Middle East Uncertainty

The U.S. Dollar value inched lower on Wednesday as U.S. keeps military options and diplomatic route to end the conflict with Iran open. Investors also assessed the reasons behind the interest rate decision by the U.S. Federal Reserve today.

Today, the U.S. Dollar Index DXY, which measures the Greenback against a basket of other major currencies, was last seen trading at 102.12, down by 0.19 (or 0.19%). In the U.S., the Mortgage Bankers Association of America revealed that the Purchase Index in the U.S. increased to 134.10 on October 23 from 129.20 of the previous week.

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