Forex: Dollar index hikes limited 82,40

FXstreet.com (Barcelona) - the greenback, measured by the dollar index, trim recent losses and navigates the upper end of the price range from today Thursday, after that the ECB rate cut has triggered pressure selling coins associated with risk, particularly the euro.

In the opinion of Sean Callow, analyst at the Australian Bank Westpac, "renewed vulnerability of commodities has helped the USD even if the American economy remains threatened by the downturn. The euro remains vulnerable, which should limit the decline in the dollar".

At the time of writing, the index advanced 0.92% 82.27 and according to tradincentral.com the next resistance would at 84.05 (horizontal res), 85.60 (horizontal res) and 86.85 (horizontal res); While the brackets are aligned at 80.85 (medium-term pivot) followed by 78.95 (horizontal res) and 76.70 (horizontal res).