US Dollar Index looks offered in the sub-96.00 region ahead of Powell

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US Dollar Index looks offered in the sub-96.00 region ahead of Powell
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US Dollar Index looks offered in the sub-96.00 region ahead of Powell By pabspiovano DollarIndex Currencies Majors Fed

US yields seem to be taking a breather around recent peaks., which measures the greenback vs. a bundle of its main competitors, trades on the defensive and slips back to the area below the 96.00 mark on turnaround Tuesday.The index extends the erratic performance for yet another session on Tuesday, eroding part of Monday’s gains and always amidst the broad consolidative theme prevailing since early December.

No meaningful reaction in the FX space after talks between the US and Russia yielded the promise of resuming the dialogue in the not-so-distant future. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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