U.S. Dollar Edges Lower as Inflation Concerns Fade
The dollar edged lower Friday as inflation concerns diminished following a sharp decline in crude oil prices. The report linked the shift to Qatar's mediation efforts and the U.S. halting plans to attack Iran.
WASHINGTON (dpa-AFX) - 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, whic…