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28 Feb 2013
US Dollar Index up, eyes on 82.00
The US Dollar index is advancing against its major rivals on Thursday, paring initial losses to climb to session highs in the proximities of 82.00
In the data front, the annualized US GDP during the last three months of 2012 expanded 0.1%, missing estimates at +0.5% while the weekly report on the US labor market showed that Initial Claims fell to 344K in the week ended on February 24, exceeding expectations and previous print.
At the moment, the index is gaining 0.34% at 81.95
According to tradingcentral.com, the next resistance awaits at 82.10 while support levels line up at 81.40, 81.20 and 81.05
In the data front, the annualized US GDP during the last three months of 2012 expanded 0.1%, missing estimates at +0.5% while the weekly report on the US labor market showed that Initial Claims fell to 344K in the week ended on February 24, exceeding expectations and previous print.
At the moment, the index is gaining 0.34% at 81.95
According to tradingcentral.com, the next resistance awaits at 82.10 while support levels line up at 81.40, 81.20 and 81.05