USD Index comes under pressure near 103.20 ahead of key data – by pabspiovano DollarIndex Currencies Majors
Risk appetite regains traction and weighs on the greenback.The greenback comes under further downside pressure and approaches the key 103.00 region when tracked by theThe renewed improvement in the risk complex puts the dollar under some mild downside pressure and relegates the index to trade in the proximity of the key support at 103.00 the figure in the wake of the opening bell in Euroland on Thursday.
In the US docket, the labour market will take centre stage with the publication of the ADP report and the usual weekly Initial Jobless Claims, all preceding the relevant ISM Services and the final print of the S&P Global Services PMI.The index keeps the trade above the 103.00 zone as key results from the US calendar are expected later in the session.
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