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

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Source: Bloomberg
© Scanpix/AP

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.

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Fri, 28 Sep 2012 21:17:31 GMT

Eurozone CPI rose more than expected

The inflation rate in the Eurozone's 17 countries that have the Euro in circulation rose to a six-month high in September, the EU's statistics office, Eurostat said on Friday. Consumer price inflation jumped to a seasonally adjusted annual rate of 2.7%, up from 2.6% in the prior month, while analysts had estimated the annual rate of inflation fell to 2.4%.

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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