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American equity markets open lower

FXstreet.com (Barcelona) - The US stock market edged lower Monday, stubbornly refusing to bounce back after last weeks risk-off movement that left indices in the negative. Beginning with the indices and composites, the NASDAQ fell –0.02% as it settles in region of 3203.17, down -0.69 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1551.28, descending -2.09 points or -0.13% at the time of writing. Finally, the Dow Jones has edged lower at the opening, trading in the zone of 14523.82, presently -0.28% after a movement of -41.43 points.

Sectors are all lower at the opening, however the Financial and Conglomerates have distinguished themselves as main losers thus far, rising -0.42% and -0.29% respectively. In other news, the price of crude has settled above USD $92.99/bbl Monday.

Forex Flash: Bunds face uptrend – RBS

Bunds remain in place with a new support gained at the 145.80 level, being the 161.8% Fibonacci projection from the February-March 2013 impulse wave. However, according to Technical Strategist Dmytro Bondar at RBS, “ Bunds face a strong resistance at 146.80/90, where several projected Fibonacci levels lie (e.g. the full 200% projection of the February-March 2013 move).”
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Forex: USD/CAD tests the 1.0200

The US dollar is trading higher today against its Canadian counterpart and after rising around 45 pips from intra-day low at 1.0155 reached in the European session, the pair USD/CAD has broken above the 1.0180 level and tested the 1.0200 frontier.
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