Source Pravda.Ru

Consumer Sentiment Causes Dollar's Growth

   The dollar  improved its position against the european currency on Friday, after data showed U.S. market sentiment eased in October.

  The euro dropped to $1.4879 EUR= from $1.4889, down 0.4 % on the day. The dollar rose to 91.05 yen JPY= from 91.00 yen before the release of the report.

  And still recent figures from the International Monetary Fund showed that the dollar's share of total reserves has fallen to its lowest level since 1995.

  The Reuters/University of Michigan preliminary October consumer sentiment survey stated at 69.4 compared with the 73.5 expected. It was at 73.5 in the final reading for September, according to Reuters' report.

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