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22 Aug 2014

US stocks mixed, EUR and CHF plummet

FXStreet (Córdoba) - Equities in the US were trading mixed after Yellen’s speech and amid new tensions in Ukraine. European markets finished with losses. Among country indexes the FTSE 100 lost 0.04%, while the Dax declined 0.67%. In Wall Street the Dow Jones was losing 0.09% while the Nasdaq was up 0.24%.

In the currency market, Janet Yellen words boosted the US dollar that erased losses and climbed to fresh 2014 highs versus the Euro and the Swiss Franc, that were the worst performers so far on Friday.

Gold was rising modestly, trading around $1,280/oz after being able to hold above yesterday’s lows. Crude oil was falling 0.40% with the barrel around $93.50.

Aug 22, 2014

Jackson Hole taking markets attention - Investec

Jonathan Pryor, Corporate Treasury Analyst at Investec sights Drgahi speaking at the Jackson Hole as next major event.

CAD and crosses in a technical snap shot – TDS

Analysts at TD Securities gave us a snap shot from a technical point of view for the Canadian dollar and crosses.