RTTN: US Dollar Index down ahead of US Consumer Confidence
FXstreet.com (Barcelona) - The greenback, calculated by the US Dollar Index, is now bouncing off today's lows around the 79.40 region, ahead of the US consumer confidence index. Market consensus expects the index to improve to 63.0 in September, from 60.6
Risk aversion has dominated the first half of the session, with the world reserve climbing as high as 79.76 just to fall since then to 79.37, reverting the initial trend on rising risk appetite.
At the moment: AUD +0.26%, EUR +0.12%, GBP +0.11%, NZD +0.52%, CAD -0.06% CHF -0.12% and JPY -0.11%. Wall St. is up 0.13% at 13,589 pts. and S&P500 is advancing 0.14% at 1,461 pts. WTI is up 0.69% at $92.68/bbl and Gold is up 0.40% at $1,771/oz
The index is down 0.10% at 79.49 and according to www.tradingcentral.com, the next support levels lie at 79.45 followed by 79.25 and 79.10
On the upside, a breakout of 79.80 would bring 80.00 and 80.10
