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Forex: US Dollar Index extends losses

FXstreet.com (Barcelona) - The US Dollar Index, which gauges the greenback against its major competitors, is losing ground on Friday, intensifying its weekly decline to levels around 82.50 after hitting 83.33 on Tuesday.

Cyprus remains the sole protagonist of this week in the markets, against the backdrop of increasing bias towards riskier assets on hopes of a deal in Cyprus over the weekend.

At the moment, the index is down 0.43% at 82.55 and according to tradingcentral.com, the next support levels align at 82.40, 82.15 and 81.95 while resistance levels are located at 83.05, 83.35 and 83.60

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