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12 Apr 2013
Forex: US Dollar Index flat around 82.30/35
FXstreet.com (Barcelona) - The greenback, measured by the US Dollar Index, is trading almost unchanged on Friday, hovering over 82.30/35 after trimming earlier gains on Cyprus jitters.
Data-wise, the US retail sales contracted 0.4% during March, missing forecasts and lower than February’s reading. The flash Reuters/Michigan Consumer Sentiment index also disappointed traders, falling to 72.3 for the month of April vs. 78.5 expected.
The index is now advancing 0.01% at 82.33 and according to tradingcentral.com, the next resistance levels line up at 82.60, 82.80 and 82.95; support levels are located at 82.20, 82.05 and 81.90.
Data-wise, the US retail sales contracted 0.4% during March, missing forecasts and lower than February’s reading. The flash Reuters/Michigan Consumer Sentiment index also disappointed traders, falling to 72.3 for the month of April vs. 78.5 expected.
The index is now advancing 0.01% at 82.33 and according to tradingcentral.com, the next resistance levels line up at 82.60, 82.80 and 82.95; support levels are located at 82.20, 82.05 and 81.90.