FXstret.com (Barcelona) - The Dollar has reversed its upwards course and ticked down against its major counterparts after the release of a shorter than expected increase on Non-manufacturing PMI figures.

U.S. services PMI has risen to 50.1 in December from 48.7 in November, somewhat below the experts' expectations of an increase to 50.5. PMI figures show growth of the sector's activity at levels above 50 and contraction otherwise.

EUR/USD has bounced from 1.4350 to levels past 1.4380 to reach a fresh intra-day high at 1.4390, while the GBP/USD bounced from support area at 1.5940 to 1.5990 area, approaching resistance at 1.6000.

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