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Forex: US Dollar Index posting strong gains, around 80.60

The US Dollar Index, which tracks the greenback against its major competitors, is advancing firmly on Thursday, printing strong gains above the key level at 80.50 in a context dominated by the risk aversion.

In the data space, the US labour market continues its recovery, with the Initial Claims falling to 341K, bettering estimates,

At the moment, the index is up 0.51% at 80.57, and according to tradingcentral.com, the next resistance levels line up at 80.67, 80.75 and 80.85; while support levels await at 80.35, 80.05 and 79.80

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