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US markets trimming losses, dollar tumbles

FXstreet.com (Barcelona) - Poor earnings reports from on-line giant eBay Inc. have dragged US equities lower, extending yesterday’s downside and weighting on sentiment. The return of the risk appetite is punishing the greenback, trimming yesterday’s gains and hovering over 82.50/55.
DowJones is down 0.24%, ahead of the S&P500, 0.32% and the Nasdaq, 0.76%.

European markets closed mixed after the positive bond auctions in Spain, and the soft manufacturing data from the US economy. The Spanish benchmark advanced 0.12% while the CAC40 closed flat. On the opposite side, the DAX retreated 0.39% and the FTSE100 fell 0.01%.
The single currency is recovering from Wednesday’s sell-off, gyrating around the key resistance of 1.3100 bolstered by increasing risk appetite.

In the commodities space, both the barrel of WTI and the ounce troy of gold are posting gains, advancing 1.43% at $87.93 and 0.74% at $1,393.

Forex: AUD/USD back to opening levels

The Australian dollar lost momentum during the American session and after peaking at 1.0336, the AUD/USD slid back below 1.0300 and into negative ground for the day. However, the Aussie found support at the 1.0280 area and rose back to around 1.0300, where it is trading at time of writing, virtually unchanged since opening.
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Forex: US Dollar Index found support at 82.50

The greenback, measured by the US Dollar Index, is markedly lower on Thursday, bouncing off session lows around 82.50 as risk appetite prevailed amongst traders...
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