Intraday Analysis: U.S. Dollar Index Rebounds Sharply, Positive Sentiment May Persist
The U.S. dollar index today (13-01, 11:44 GMT) shows rebound at 80.89, and gained about + 0.15% from opening price (00:00 GMT). Chart D1 showing the value is still moving inside a channeling up pattern and rebound sharply in European times after fell to 80.52 during Asian session.
Vibiz Consulting Analyst the markets respond early before U.S consumer report. Latest UoM Consumer Sentiment Index for January may rise to 71.2 from 69.9 in December.
Reuters / University of Michigan Surveys of Consumers December report shows U. S economy will improve this year after consumer confidence continued to improve in December for the fourth consecutive month.
The December gain primarily reflected more positive expectation for the economy in 2012, and consumers more frequently reported hearing news about employment gains in the December survey.
Dollar Index may continue to strengthen on the American market hours.
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Vibiz Consulting Analyst the markets respond early before U.S consumer report. Latest UoM Consumer Sentiment Index for January may rise to 71.2 from 69.9 in December.
Reuters / University of Michigan Surveys of Consumers December report shows U. S economy will improve this year after consumer confidence continued to improve in December for the fourth consecutive month.
The December gain primarily reflected more positive expectation for the economy in 2012, and consumers more frequently reported hearing news about employment gains in the December survey.
Dollar Index may continue to strengthen on the American market hours.
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Posted by azam
on 11:56 PM.
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