Currency Buzz: Dollar index supported around four-week high

The US dollar index is consolidating near four-week high and currently trades up marginally at 97.80. Markets remain mostly risk averse. In Asia, China's Shanghai Composite index jumped 0.87% as trading resumed after the Lunar holidays. Hong Kong?s Hang Seng index fell 1.71% while Japan?s Nikkei average soared 0.87%. European stocks eased modestly. The US stocks tumbled amid trade uncertainty after the Supreme Court struck down most of President Trump's global tariffs last Friday. The Dow lost 1.7% while Nasdaq slid 1.1% and the S&P 500 dipped 1%.

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