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US markets mixed as IBM weights on Dow, dollar flat

FXstreet.com (Barcelona) - Shares in the US markets are trading mixed on Friday, as IBM Corp. (IBM) is dragging the Dow to the negative ground losing 0.15% while the S&P500 and the Nasdaq are advancing 0.65% and 1.12%, respectively. The greenback, measured by the US Dollar Index, rebounded from the vicinity of 82.40 and reverted earlier losses, now posting marginal gains around 82.70/75.

Bourses in Europe advanced on Friday with the exception of the German DAX, down 0.18% for the day. Recent losses in the markets lure in buyers, lifting the prices and trimming weekly losses. The CAC40 led the winners, up 1.46% followed by the IBEX35, 1.32% and the FTSE100, 0.69%.
The single currency climbed to session highs around 1.3130 just to fall then to the vicinity of 1.3050, although picking up pace to 1.3065/70 afterwards.

In the commodities realm, the barrel of WTI is up 0.49% at $88.16 while the ounce troy of gold is advancing 0.39% at $1,397.

Forex Flash: GBP/USD reaction to Fitch action should be quite modest - TD Securities

Fitch announced Friday that it has downgraded the UK's credit rating from AAA to AA+, with a stable outlook. Moody's had already downgraded the UK in February, leaving S&P as the only major agency that maintains UK at AAA.
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Forex: EUR/JPY jumps above 130.00

After finding support at 129.35, the EUR/JPY is trading in recovery mode with the pair advancing around 80 pips in the last hour to price above the 130.00. The euro has reached the 130.25 as 1-week highest against the Yen.
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