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13 Sep 2013
US markets extends the upside, dollar tumbles
FXstreet.com (Edinburgh) -Shares in the US trading floor are extending the weekly advance after leaving behind the disappointing data from retail sales and poor Reuters/Michigan index. The world’s reserve - gauged by the US Dollar Index - is testing weekly lows around 81.40, reverting an auspicious start. At the moment DowJones is up 0.46%, followed by the S&P500, 0.25% and the Nasdaq, 0.12%.
Bourses in Euroland advanced marginally as the Fed’s next steps weighed on traders’ sentiment. The sole exception was the British benchmark, down 0.08% for the day. The IBEX35 and the CAC40 advanced 0.19% while the DAX climbed 0.18%. Choppy session for the single currency - meandering between 1.3260 and 1.3320 – although posting the first weekly advance after two consecutive pullbacks.
In commodities’ land, the ounce troy of gold is extending its downside, testing the $1,300 support, or losing 1.63%. The barrel of WTI is following suit, down 0.72% at $107.81.
Bourses in Euroland advanced marginally as the Fed’s next steps weighed on traders’ sentiment. The sole exception was the British benchmark, down 0.08% for the day. The IBEX35 and the CAC40 advanced 0.19% while the DAX climbed 0.18%. Choppy session for the single currency - meandering between 1.3260 and 1.3320 – although posting the first weekly advance after two consecutive pullbacks.
In commodities’ land, the ounce troy of gold is extending its downside, testing the $1,300 support, or losing 1.63%. The barrel of WTI is following suit, down 0.72% at $107.81.