FXS: US Dollar Index up after Fitch, Spanish yields
FXstreet.com (Barcelona) - The greenback, measured by the US Dollar Index, has been propelled to fresh session highs above the 82.70 level after agency Fitch has cut 15 Spanish banks ratings and informed that Spain will remain in recession during the rest of 2012 and 2013
In the same tone, Spanish 10-yr bond has hit a new euro-era high at 6.783% and Italian bond yields are rising as well above the 6.0%.
At the moment: AUD +0.37%, EUR +0.09%, GBP +0.28%, NZD +0.71%, CAD -0.09% CHF +0.11% and JPY +0.25%. Wall St. is up 0.20% at 12,424 pts and S&P500 is losing 0.01% at 1,308 pts. WTI is up 1.73% at $82.81/bbl and Gold is advancing 1.13% at $1,607/oz
The index is advancing 0.10% at 82.71 as of writing, with the next resistance at 82.91 ahead of 83.19 and 83.73
On the downside, a breakdown of 82.08 would bring 81.54 and finally 81.26
