The US dollar index is under stress after falling under 98 mark in last session. Risk appetite is holding steady and dollar is struggling after a modest recovery over last week. Sentiments are cautious ahead of the release of first preliminary estimate of the third-quarter US Gross Domestic Product (GDP) today. Dollar index is at 97.90, down 0.39% on the day, falling near two-month low. Meanwhile, in overnight trades, the S&P 500 gained 0.64%, posting its third positive day in a row. The Dow Jones Industrial Average added 0.47%, and the Nasdaq Composite climbed 0.52%. Global stocks are being supported today as well, keeping the US dollar in check.

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