FXstreet.com (Barcelona) - The US Dollar Index, which gauges the greenback against its major rivals, is extending the upside sparked at the end of last week, trading above the key 80.00 mark on Monday, although off session highs after softer than expected US data.
US retail sales in March came in above expectations albeit below the previous prints, manufacturing Empire State dropped markedly to 6.56 in the same period from February’s 20.21 and the net long-term TIC flows in February rose by $10.1 billion, down from $102.4 billion in the previous month.
At the moment: AUD +0.09%, EUR -0.18%, GBP -0.10%, NZD -0.39%, CAD -0.13%, CHF +0.17% and JPY -0.15%.Futures in Wall St. are up 0.76% at 12,937 pts. and S&P500 futures are advancing 0.68% at 1,377 pts. WTI is gaining 0.44 % at $102.88 and Gold is retreating 0.05% at $1,652
The index is up 0.12% at 80.17 with the next resistance at 80.26, ahead of 80.49 and then 80.89
A breakdown of 79.63 would bring 79.22 and 78.99