FXstreet.com (Barcelona) - Quite often we’ve seen this headline this past couple of weeks, as the euro crisis continues to deepen. The US Dollar Index, which gauges the greenback against its major competitors, is trading in the upper end of today’s range above the 83.30 level as of writing.
Yesterday’s move by the ECB, BoE and PBoC are still weighting on the risk sentiment. Adding to the selling pressure in the risk associated assets, June NFP came in at 80K, below estimates at +90K although slightly better than the previous +77K.
At the moment: AUD -0.73%, EUR -0.72%, GBP -0.11%, NZD -0.69%, CAD +0.36 CHF +0.68% and JPY -0.47%. Wall St. is down 1.07% at 12,749 pts. and S&P500 is retreating 1.11% at 1,352 pts. WTI is down 2.98% at $84.50/bbl and Gold is down 1.09% at $1,587
The index is up 0.49% at 83.35 as of writing, with the next resistance at 83.40 followed by 83.58 and 83.87
On the flip side, a breakdown of 82.70 would bring 82.45 and 82.30
Yesterday’s move by the ECB, BoE and PBoC are still weighting on the risk sentiment. Adding to the selling pressure in the risk associated assets, June NFP came in at 80K, below estimates at +90K although slightly better than the previous +77K.
At the moment: AUD -0.73%, EUR -0.72%, GBP -0.11%, NZD -0.69%, CAD +0.36 CHF +0.68% and JPY -0.47%. Wall St. is down 1.07% at 12,749 pts. and S&P500 is retreating 1.11% at 1,352 pts. WTI is down 2.98% at $84.50/bbl and Gold is down 1.09% at $1,587
The index is up 0.49% at 83.35 as of writing, with the next resistance at 83.40 followed by 83.58 and 83.87
On the flip side, a breakdown of 82.70 would bring 82.45 and 82.30
