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Forex: US Dollar Index in session highs, around 80.50

By FXstreet.com,  January 08, 2013, 01:02:00 PM EDT

FXstreet.com (Barcelona) - The greenback, measured by the US Dollar Index, is marching firmly on Tuesday, advancing against all its rivals with the exception of the Japanese yen, as the debt ceiling debate looms.

In the data space, both measures of optimism in the US economy have yielded positive results: NFIB Business Optimism index rose to 88.0 in December vs. 87.5 prior and the IBD/TIPP Economic Optimism bettered to 46.5 for the month of January from 45.1

As of writing, the index is up 0.19% at 80.52, and according to tradingcentral.com, the next hurdle lies at 80.65 and 80.85; while the support levels are located at 80.05, 79.80 and 79.60




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



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