OctaFX | OctaFX Forex Broker
Open trading account
Back

Forex: US Dollar Index in lows below 82.00

FXstreet.com (Barcelona) - The greenback, tracked by the US Dollar Index, is nose-diving on Tuesday, posting fresh lows around 81.80/85 as risk appetite continues its relentless march north.

In the US docket, Consumer Prices eased more than expected, posting an annualized expansion of 1.5% while the Core reading advanced 1.9%. Housing Starts bettered expectations and offset the poor data from Building Permits. Further data showed that the Industrial Production grew 0.4% during March, followed by an increase of the Capacity Utilization to 78.5%. Both prints came in above the median.

At the moment, the index is down 0.82% at 81.83 and according to tradingcentral.com, the next support lines up at 81.75 while resistance levels align at 82.45, 82.60 and 82.80.

Forex: EUR/USD jumps to test the 1.3200 area

The Euro has jumped around 70 pips in the latest two hours against the US Dollar from 1.3120 to break above the 1.3150 level and test the highest price since February 25 at 1.3195, close to the 1.3200 frontier.
Read more Previous

Forex: GBP/USD moves toward 1.5400

In a spike of risk appetite combined with the trigger of stops, the Cable broke its daily range to the upside and reached fresh daily highs during the American session.
Read more Next
Start livechat