US Dollar Index looks for direction around 96.70, risk-on improves By pabspiovano DollarIndex Currencies Majors
The appetite for riskier assets improves a tad on Tuesday., struggles for direction in the 96.70 zone following some mild improvement in the risk complex.The index remains vigilant on the events coming from the Russia-Ukraine military conflict, although the recent talks between officials from both parties appear to have opened the door to a negotiated solution in the near term.
Other than geopolitics, market participants will be closely following the results from the US manufacturing sector, where the ISM gauge will take centre stage seconded in relevance by the final print from Markit.continues to bolster the dollar and keeps the index well bid on the back of the deterioration of the geopolitical arena.
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