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May 4, 2026
US Dollar Index flat lines above 98.00 amid Hormuz tensions
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.20 during the Asian trading hours on Monday. The DXY steadies as traders continue to assess geopolitical tensions in the Middle East.
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May 4, 2026
Gold edges lower on hawkish central banks as bears await acceptance below $4,600
Gold (XAU/USD) attracts some sellers during the Asian session on Monday, though it lacks bearish conviction and shows some resilience below the $4,600 mark.
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