The US dollar is seen on course to post fall for the second straight week on Friday, as risk appetite recovered on Evergrande optimism. The dollar index, that measures the greenback against a basket of currencies was seen quoting at 93.62, off its recent peak of 94.56, earlier in the month and failing to recapture the 94-mark level since last week. EUR/USD pair continues to hold above the 1.16 level amid dollar weakness. However, further decline in the greenback could be restricted as US treasury yields stay firm. The US 10-year treasury yields, which dollar normally tracks, is staging a steady rise and is currently seen at 1.68%, its best level since April, on fears that this year's spike in inflation is likely to last longer than expected. Meanwhile, oil prices have eased, with WTI slipping below $82.20.
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