US Dollar touches new daily highs by 15:30 GMT

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Source: WBP Online
The US dollar hit its intra-day high against the Euro on Friday, helped by the better-than-expected US retail sales figures reported earlier and the Michigan Consumer Confidence Index, which improved from March's 89.0 to 95.8 points in May. Thus, the Euro traded lower against the Greenback at $1.1320 by 15:30 GMT on the New York Stock Exchange.
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Fri, 13 May 2016 16:46:03 GMT

Aussie drops to its two-month low

The Australian Dollar traded lower against its US counterpart, touching its two-month low on Friday. The Aussie dropped 0.72%, trading at $0.7272 by 16:00 GMT on the New York Stock Exchange, whereas the US Dollar Index hit its two-week hight at 94.84 points, after US data releases showed better-than-expected results. 

Fri, 13 May 2016 15:30:17 GMT

US CCI improves most in May

The University of Michigan's preliminary Consumer Confidence Index jumped to 95.8 in May, following April's 89.0 points and registering the highest result since last year. Until today, analysts expected the Index to improve to 90.0 points. Meanwhile, the survey's index of actual economic conditions increased from 108.6 to 106.7, whereas its consumer expectations' index grew from 77.6 to 87.5

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