The dollar index is seen extending pull back for the fourth day in a row on Wednesday. The U.S. dollar index measure against a basket of key currencies was down 0.11% to 106.43, well off its two-decade peak of 109.29 last week. Meanwhile, euro that which is the most heavily weighted currency in the dollar index, climbed to a near two-week high on easing worries of energy shortage as Russian gas flows via the Nord Stream 1 pipeline are seen restarting on time on Thursday after the completion of scheduled maintenance. EUR/USD is currently up 0.14% above $1.02 mark. Powered by Commodity Insights
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