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

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Source: Bloomberg

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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