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4 Apr 2013
US markets on the rise, dollar tumbles
FXstreet.com (Barcelona) - Equities in the US markets are trading back to the positive territory on Thursday, recovering ground after the poor weekly report on the labour market has undermined sentiment ahead of tomorrow’s Payrolls. The US Dollar Index retraced initial gains, falling from session highs around 83.60 to the current lows in the vicinity of 82.80.
DowJones is up 0.20%, followed by the Nasdaq and the S&P500, advancing 0.01% and 0.17%, respectively.
Bourses in Europe closed with losses after ECB’s Draghi predicted strong headwinds for the euro area in the second half of the year, hampering any attempts of a recovery. The FTSE100 led the losses, down 1.19% followed by the CAC40, 0.77% and the DAX, 0.73%.
After bottoming in the boundaries of 1.2740 on a dovish statement from the ECB, increasing buying interest lifted the single currency to levels shy of 1.2950, leaving behind the key region of 1.2880/90 (200-day moving average).
Commodities are trading mixed so far, with the barrel of WTI extending its decline to $92.91 or falling 1.63%, while the ounce troy of gold is posting marginal gains at $1,553 or 0.02%.
DowJones is up 0.20%, followed by the Nasdaq and the S&P500, advancing 0.01% and 0.17%, respectively.
Bourses in Europe closed with losses after ECB’s Draghi predicted strong headwinds for the euro area in the second half of the year, hampering any attempts of a recovery. The FTSE100 led the losses, down 1.19% followed by the CAC40, 0.77% and the DAX, 0.73%.
After bottoming in the boundaries of 1.2740 on a dovish statement from the ECB, increasing buying interest lifted the single currency to levels shy of 1.2950, leaving behind the key region of 1.2880/90 (200-day moving average).
Commodities are trading mixed so far, with the barrel of WTI extending its decline to $92.91 or falling 1.63%, while the ounce troy of gold is posting marginal gains at $1,553 or 0.02%.