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Wall Street consolidates gains, USD retreats

FXStreet (Córdoba) - Equities in the US were consolidating gains the day after the FOMC meeting while European markets finished higher. Among country indexes, in the UK, the FTSE 100 ended up 0.56%, in Germany the Dax rose 1.41% and France’s Cac 40 climbed 0.76%. In the US, the Dow Jones was rising 0.55% and the Nasdaq 0.65%.

In the currency market Greenback was trimming yesterday’s gains and the pound and the Swiss franc were among the best performers, supported respectively by the voting in Scotland the the SNB keeping monetary policy unchanged. Yen was falling again across the board and USD/JPY tested 109.00.

Gold was recovering ground after rebounding at $1,215 and was trading at $1,226. Crude oil was falling 1.30%, with the barrel around $93.20.

USD/JPY trading close to multi year highs

USD/JPY is trading at 108.69, up 0.30% on the day, having posted a daily high at 108.97 and low at 108.31.
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It’s Yes or No time for Sterling traders - BTMU

FX Strategists at the Bank of Tokyo Mitsubishi UFJ The outlook for the pound next week will be binary depending on the outcome from the Scottish referendum.
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