FXstreet.com (Barcelona) - The US Dollar Index, which gauges the greenback against its major rivals, is hovering over the 79.70 region on Friday, posting fresh session highs as risk-off trade is waning and profit-taking is gaining momentum.
The world reserve has started an upward trend yesterday after bottoming in the proximities of 79.40, getting extra impulse after lower-than-expected Q1 GDP figures in the Chinese economy.
At the moment: AUD -0.53%, EUR -0.25%, GBP -0.24%, NZD -0.03%, CAD +0.17%, CHF +0.24% and JPY -0.02%.Futures in Wall St. are down 0.37% at 12,951 pts. and S&P500 futures are retreating 0.42% at 1,383 pts. WTI is losing 0.69 % at $103.01 and Gold is retreating 0.43% at $1,671
The index is up 0.26% at 79.69 with the next resistance at 79.83, ahead of 80.18 and then 80.42
A breakdown of 79.25 would bring 79.01 and 78.66
