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US markets resume the rally on positive data

FXstreet.com (Barcelona) - Shares in the US markets are extending the recent rally on Tuesday, aiming to fresh record highs on upbeat data from Factory Orders, expanding 3.0% on a monthly basis. The greenback, tracked by the US Dollar Index, is ticking higher as well, consolidating gains in the vicinity of the key mark of 83.00.
As of writing, DowJones is up 0.68%, seconded by the S&P500 and the Nasdaq, advancing 0.69% and 0.83%, respectively.

Across the Atlantic, bourses in Euroland rallied on hopes of a reactivation of the M&A activity after the likeliness of a takeover offer for Vodafone Group PLC. In addition, US Factory Orders and mixed data from euro zone PMI have also collaborated in the upside. The CAC40 was the best performer, gaining 1.98% followed by the DAX, 1.91% and the IBEX35, 1.65%.
The single currency retraced ground after an unsuccessful attempt to break above the 200-day moving average in the proximity of 1.2880/85 overnight, and is currently trading in red around 1.2820/25.

In the commodities realm, the ounce troy of gold is sharply lower, losing 1.59% at $1,575 while the barrel of WTI is up 0.21% at $96.87.

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