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American equity markets pull back Tuesday

The US Stock market experienced a slightly negative opening Tuesday following the hoopla surrounding the G7 statement earlier today. Beginning with the indices and composites, the NASDAQ fell -0.08% as it settles in region of 3190.40, up -2.40 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1516.13, descending -0.88 points or -0.05% at the time of writing. Finally, the Dow Jones has moved lower at the opening as well, trading in the zone of 13975.51, presently +0.03% after a marginal climb of +4.27 points.

Sectors are all in the red at the opening, however the Technology and Basic Materials sectors have distinguished themselves as the losers thus far, contracting -0.33% and -0.52% respectively. In other news, the price of crude has settled above USD $97.42 Tuesday.

Forex: EUR/USD holds above 1.3400

After rallying to fresh highs at the 1.3465 area propelled mainly by crosses, the euro lost steam and retreated against the greenback. However, with the pullback being contained by the 1.3410 zone, the EUR/USD entered in a phase of consolidation as Wall Street indexes opened mixed.
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Forex: GBP/USD stuttering after morning collapse

Having declined from its morning support at the 2009 uptrend line around 1.5660-80, GBP/USD declined to test 1.5600, posting a low at 1.5571.
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