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US markets reverted initial gains, dollar advances

FXstreet.com (Barcelona) - Equities in the US markets are trading in the red figures at the beginning of the week, reverting a positive start with indices climbing to record levels. The US Dollar Index is trading with gains although falling from session highs below the key mark at 84.00.
DowJones is retreating 0.15%, followed by the Nasdaq and the S&P500, down 0.22% and 0.15% respectively.

Bourses in Europe closed with gains following the upbeat momentum in the US, with the exception of the Spanish benchmark, losing 0.78% for the day. The DAX was the best performer, up 0.69% followed by the CAC40, 0.54% and the FTSE100, 0.48%.
The single currency is now pushing higher and printing fresh intraday highs in the vicinity of the key resistance at 1.2900, after dipping to 1.2820 overnight.

In the commodities’ realm, the barrel of WTI is up 0.745 at $96.73 and the ounce troy of gold is following suit, up 1.32% at $1,382.

GBP/USD breaks above the 1.5250 level

The Sterling is extending its advance against the Greenback with the pair rising 30 pips in the last hour to break above 1.5250 and test intra-day highs around 1.5265.
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EUR/USD threatens 1.2900

Following a dip toward the 20-hour SMA, the euro resumed the upside versus the greenback and has climbed to fresh daily highs during the American afternoon.
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