FXstreet.com (Barcelona) - The US Dollar Index, which tracks the world's reserve against its major competitors, is inching higher on Wednesday, climbing to the mid 81.00s and printing fresh session highs at the same time.
The greenback has been gradually ascending since the beginning of the trading day, accelerating its intraday upside after the flash US GDP for the second quarter grew 1.7% YoY, matching expectations albeit below the previous print at +2.0%.
The next big event will be this evening with the Fed's Beige Book.
At the moment: AUD +0.13%, EUR -0.23%, GBP +0.10%, NZD -0.07%, CAD -0.13% CHF +0.25% and JPY +0.17%. Wall St. is down 0.04% at 13,109 pts. and S&P500 is up 0.02% at 1,411 pts. WTI is down 0.73% at $95.53/bbl and Gold is down 0.31 at $1,662/oz
The index is advancing 0.21% at 81.53 and according to www.tradingcentral.com, the next resistance lies at 81.60 followed by 81.70
On the flip side, a breach of 81.20 would bring 81.00 and finally 80.85
