FXstreet.com (Barcelona) - The greenback, measured by the evolution of the US Dollar Index, is posting minimum losses on Thursday, as Chief B.Bernanke is giving a testimony at the Joint Economic Committee.
The dollar has been retreating slowly since the opening bell in London, as risk trends were swelling on PBoC interest rates cut, upbeat data from the Australian economy and after the BoE has left intact both the refi rate and the asset purchase programme.
At the moment: AUD +0.36%, EUR +0.02%, GBP +0.35%, NZD +0.19%, CAD -0.36% CHF -0.02% and JPY +0.44%. Wall St. is advancing 0.55% at 12,509 pts and S&P500 is up 0.34% at 1,322 pts. WTI is advancing 0.49% at $85.98/bbl and Gold is down 1.04% at $1,606/oz
The index is advancing 0.05% at 82.23 as of writing, with the next resistance at 82.67 followed by 83.15 and then 83.40
On the downside, a breach of 81.93 would expose 81.68 and finally 81.20
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