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FXstreet.com (Barcelona) - The US Dollar Index, which gauges the greenback against its major rivals, is retracing early gains and sliding back to opening levels as risk appetite has waken up.

The world's reserve has been boosted after the ECB has denied the content of a weekend report in the German magazine 'Der Spiegel', informing that the central bank would cap sovereign bond yields, and would activate the SMP once that threshold has been surpassed. The USD has climbed as high as 82.76, similar levels of last Friday's bull run after stronger than expected US results.

In the data front, the Chicago Fed National Activity index has bettered to -0.13 during July, up from -0.15 (revised) in the previous print.

At the moment: AUD +0.19%, EUR -0.13%, GBP +0.13%, NZD +0.21%, CAD +0.16% CHF +0.10% and JPY -0.20%. Wall St. is down 0.30% at 13,236 pts. and S&P500 is retreating 0.35% at 1,412 pts. WTI is down 1.20 % at $95.36/bbl and Gold is down 0.09% at $1,616

The index is advancing 0.02% at 82.59 and according to www.tradingcentral.com, the next resistance lies at 82.75 followed by 82.85 and finally 83.00
On the flip side, a break down of 82.40 would expose 82.30 and then 82.20

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