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

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Source: Reuters
© Scanpix/Reuters

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.

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Fri, 28 Sep 2012 20:22:32 GMT

The Euro declined versus the greenback on U.S. data

On Friday, the Euro declined versus the U.S. Dollar, following the release of the Chicago PMI and consumer sentiment data, which both showed optimistic trend of the U.S. economy. The 17-nation currency declined by 0.5% to trade at $1.2852 by 10:30 a.m. in New York. Earlier, it gained 0.4%, hitting a session high of $1.2960.

Fri, 28 Sep 2012 20:11:32 GMT

Greenback higher versus loonie on U.S. data

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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