MW: Dollar stays up after consumer sentiment gains
By Deborah Levine
NEW YORK (MarketWatch) -- The U.S. dollar remained higher on Friday after the University of Michigan/Reuters revised its October reading on consumer sentiment to 70.6, from its previous estimate of 64.4, a little higher than anticipated. The dollar index [$dxy], which tracks the U.S. unit against a basket of other major currencies, traded at 76.120, down slightly from 75.979 in North American trade late Thursday. The greenback was higher before the report, aided by government data showing U.S. personal spending fell sharply in September while incomes were flat.
