Greenback higher versus loonie on U.S. data

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Source: Forexpros
© Scanpix/Reuters

On Friday, the greenback was higher versus the Canadian Dollar, following optimistic reports from the U.S. USD/CAD hit 0.9821, and subsequently consolidated at 0.9815, which was a 0.09% gain during the European afternoon trading session. The pair's supports was likely to be found at 0.9757, while the resistance was prone to be at 0.9854.

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Fri, 28 Sep 2012 20:00:35 GMT

U.S. Consumer sentiment rose to a 4-month high

University of Michigan reported on Friday that the final reading of its consumer sentiment index in September added to 78.3 from a previous month's reading of 74.3. Although the figure was the highest sine May, it was still lower than the analysts' forecast of 79, and below the level of the initial estimate of 79.2.

Fri, 28 Sep 2012 19:49:32 GMT

The Euro gained versus the U.S. Dollar on Spain

On Friday, the 17-nation currency was higher versus the greenback for the second day, following Spain's government announcement about its austerity package. The Euro gained 0.2% versus the U.S. Dollar to trade at $1.2934 by 9.22 a.m. in New York. Earlier it hit a session high of $1.2960 and a session low of 1.2904.

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