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Thursday 30 March 2017
Dollar index struggles to hold 100 mark
The dollar index Thursday struggled to hold the 100 mark despite relatively upbeat U.S. economic data.
The dollar index was up 0.09% at 09:45 ET at 99.87 after a high of 100.09, it highest level since March 21.
U.S. Q4 GDP growth was revised up to 2.1% from an earlier reading of 1.9%.
Initial weekly jobless claims fell but by less than expected.
The dollar index was aided by a weaker euro, which fell 0.21% to $1.0742.
Reuters Wednesday reported the ECB does not intend to change its dovish guidance on monetary policy.
The pound was up 0.64% at $1.2515, recovering from lows posted on the U.K. triggering Brexit.
The dollar firmed 0.09% to 111.15 yen.
Followers
gold tips
sell gold @ 56860 sl 57100 target 56600/56400/56500
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sell gold 28675 stop loss 28730 target 28620/28580
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silver all targets achieved