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Forex: US Dollar Index in session lows

FXstreet.com (Barcelona) - The US Dollar Index, which measures the buck against its major competitors, is retreating for the third consecutive session, extending the weekly losses from highs in the boundaries of 83.40 to today’s dips around 82.50.

In the data space, the US economy disappointed traders, expanding 2.5% during the first quarter vs. 3.0% estimated, eclipsing the advance in the Comsumer Sentiment, gauged by the Reuters/U. of Michigan index, up 76.4 in April.

At the moment, the index is down 0.36% en 82.54 and according to tradingcentral.com, the next support levels are located at 82.50, 82.35 and 82.25; resistance levels are at 82.85, 83.05 and 83.20.

US markets mixed after GDP missed estimates

Shares in the US markets are mostly trading on the back foot on Friday, trimming weekly gains after the US economy expanded below expectations in the first quarter, 2.5% vs. 3.0%. The Dow...
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Forex: USD/CAD consolidates losses below 1.0200

The Canadian dollar is extending its upside momentum against the buck on Friday, dragging the cross to its fourth straight session in red. The CAD picked up pace throughout the week, appreciating...
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