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US equities consolidate losses, JPY extends rally

FXStreet (Córdoba) - US stocks stabilized after a negative opening and were falling. In Europe main indexes finished with important losses: the FTSE 100 lost 1.03%, the Dax retreated 1.34% and the Ibex 35 plunged 2.02%. In Wall Street, the Dow Jones was down 0.71% and the Nasdaq was falling 0.71%.

In the currency market, the yen was the best performer supported by falling US government bond yields and risk aversion, pushing USD/JPY toward 108.00. Greenback was trading unchanged versus european currencies and was falling modestly versus the aussie, that was outperforming other currencies.

Crude oil was falling again, with the barrel breaking below $90.00; it was down 0.95%. Gold was rising of the second day in a row, up 0.40%, holding above $1,210/oz.

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