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US markets trading flat, dollar advances

FXstreet.com (Barcelona) - Market participants are still digesting the mixed data from the US economy released today, with both the Consumer Sentiment sponsored by Reuters/Michigan and the Chicago PMI posting strong gains and contrasting with softer inflation data in terms of the Personal Consumption Expenditures. In the same line, both Personal Income and Spending have disappointed investors. The greenback, tracked by the US Dollar Index, is inching higher, hovering over session lows in the area of 83.50/55.
DowJones is down 0.01% followed by the S&P500, 0.13%, while the Nasdaq is advancing 0.05%.

Bourses in Euroland retreated modestly after investors cashed up recent gains and the spectre of the Fed’s tapering continued to hover over sentiment. The IBEX35 led the lossers, down 1.34% ahead of the CAC40, 1.19% and the FTSE100, 1.11%.
Despite today’s pullback, the shared currency is closing the week with gains for the second consecutive time, retreating now to the vicinity of 1.2970 after Thursday’s tops around 1.3060.

Commodities are suffering the USD strength, with the barrel of WTI losing 0.81% at $92.85 and the ounce troy of gold down 1.35% at $1,393.

USD/JPY hovers just below 101.00

The recovery of the greenback versus the yen, from a 3-week low of 100.20, finally found resistance at the 101.15 zone during the American session.
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US Dollar Index inching higher around of 83.50

The greenback, in terms of the US Dollar Index, is trimming yesterday losses in the vicinity of 83.50, propped up by US data....
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