Dollar Index Flips Back Under 102 As Risk Appetite Increases

6 Jun 2022 , 02:47 PM

The US dollar index has slipped today amid steady cues from equities and signs that risk appetite is holding firm. A good recovery was seen in the DOW futures and the US dollar index flipped back under 102 mark. The European equities moved up impressively today with major indices jumping by more than 1%. The sentiments mostly tracked of possible US tariff cut on Chinas goods and loosening of Covid-19 restrictions in Beijing. Powered by Commodity Insights