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Forex: US Dollar Index keeps the upside, eyes on 82.00

The US Dollar Index is recovering ground on Tuesday after falling to the boundaries of 81.60 on increased risk aversion. The negative effects of the Italian elections accelerated the inflows into the safe havens, pushing the greenback to the vicinity of the key resistance at 82.00

In the data space, Chief B.Bernanke exalted the benefits of the ongoing QE programme although he warned at the same time that further stimulus could affect the Fed’s exit ability. The USD found extra support from better US Consumer Confidence and New Home Sales, exceeding expectations and previous prints.

At the moment the index is gaining 016% at 81.90
According to tradingcentral.com, the next resistance levels lie at 82.10 and 82.40; while support levels are located at 81.45, 81.20 and 81.05

Forex: Below 1.2995 EUR/USD could move toward 1.2660 - DailyFX

What's bad about the Italian election results yesterday was not the fact that anti-austerity candidates moved up in the polls and received substantial support, according to Christopher Vecchio, Currency Analyst at DailyFX, "the bad part of the results is that there is now a 'hung parliament,' or divided government".
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Forex: EUR/USD hovering over 1.3060/65

The bloc currency is trading almost unchanged on Tuesday, as the NA session is drawing to a close. Increasing pessimism stemming from the political situation in Italy continued to hammer sentiment today, increased...
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