Currency Buzz: Dollar Index Hits Around One Month High

Currency Buzz: Dollar Index Hits Around One Month High

Jun 15, 2021 05:06 IST capital market

The US dollar index stayed supported today amid mixed cues from global equities. The benchmark Chinese index Shanghai Composite lost 0.92%. Hong Kongs Hang Seng index closed down 0.71%. The Japanese Nikkei index extended winning streak to end up 0.96% on the day. European markets edged up in mixed trades. The German Benchmark DAX index is up around half a percent on the day. The US stocks saw a steady outing yesterday. The Nasdaq Composite jumped to a record high on Monday as investors rotated back into growth-oriented stocks ahead of a key Federal Reserve meeting. The dollar index has seen good buying after breaking above 90 mark and hit a near one month high of 90.63 today.

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