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15 Feb 2013
Forex: US Dollar Index flat around 80.55/60
The greenback, tracked by the US Dollar Index, keeps the positive ground so far around 80.50, propped up by positive data from the US economy and a slightly bias towards risk safer assets.
In the data space, the NY Empire State manufacturing index surprised investors rising to 10.04 in February, crushing estimates at -2.0. In the same direction the US capacity utilization during January bettered expectations at 79.1% and the flash results from the Reuters/Michigan consumer sentiment index posted 76.3 in February, exceeding the previous 73.8
At the moment, the index is up 0.03% at 80.56 and according to tradingcentral.com, the next resistance levels align at 80.65, 80.75 and 80.85; while supports lie at 80.23, 80.15 and 80.05
In the data space, the NY Empire State manufacturing index surprised investors rising to 10.04 in February, crushing estimates at -2.0. In the same direction the US capacity utilization during January bettered expectations at 79.1% and the flash results from the Reuters/Michigan consumer sentiment index posted 76.3 in February, exceeding the previous 73.8
At the moment, the index is up 0.03% at 80.56 and according to tradingcentral.com, the next resistance levels align at 80.65, 80.75 and 80.85; while supports lie at 80.23, 80.15 and 80.05