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8 Aug 2014

Wall Street up, USD down

FXStreet (Córdoba) - US equities are rising modestly on Friday while European markets finished lower. In Wall Street the Dow Jones was up 0.40% and the Nasdaq 0.16%. In Europe, the FTSE 100 lost 0.46% while the Dax retreated 0.33%. On the positive side, the FTSE MIB gained 0.33% and the Ibex 35 rose 0.26%.

Among currencies, the Euro and the Swiss Franc are rising across the board while the Pound is plunging. The US dollar is little change versus the Aussie and the Kiwi, while the Canadian dollar dropped following employment data from Canada.

Crude oil and gold are flat. The yellow metal pulled back after hitting fresh highs above $1,320 and was trading at $1,313 while the barrel holds around $93.75.

Aug 8, 2014

EUR/GBP eyes 0.8000

The Euro is rising across the board on Friday and pushed the EUR/GBP toward 0.8000.

GBP/USD testing the bulls commitment’s

GBP/USD is trading at 1.6773, down -0.35% on the day, having posted a daily high at 1.6836 and low at 1.6767.