Currency Buzz: US Dollar Index Eases For Second Session, Pulls Near One Week Low

17 May 2022 , 02:35 PM

The US dollar index fell for second day, easing further from a two decade high as risk appetite showed signs of coming back in play. Chinese Covid-19 worries eased a bit as Shanghai aims to reopen broadly and allow normal life to resume for its citizens. The US dollar index pulled back well under 104 mark amid these cues as equities moved up in Asia and Europe. The index currently trades at 103.89, down 0.40% on the day and is approaching near its one week low.Powered by Commodity Insights