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Wall Street closes at multi-year highs on positive earnings and fundamental data

The US stocks market has closed positive on Friday with the S&P 500 finishing at 5-year highs and the Nasdaq at highest since 2000. Both indexes have posted their sixth straight week of gains. Dow ends slightly lower, below 14,000.

In the US, the Trade Balance (December) came in at S-38.54B, much less than estimates calling for S-45.8B.

The Dow Jones added 48.92 points or 0.35% to finish the day at 13,992.97, the DJIA posted a 0.12% weekly decline. The S&P 500 gained 8.54 points or 0.57% to close at 1,517.93. The index posted 0.31% weekly gains. The Nasdaq Composite advanced 28.74 points or 0.91% to 3,193.87. The Composite added 0.46% on the week.

Forex: AUD/USD records 4th weekly loss in a row

The Australian dollar is on track to close the day with mild gains although it registers the fourth weekly loss in a row after peaking at 1.0597 early January.
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Forex: EUR/USD closes below 1.3400; Time for weakness?

Europhoria is gone. The dark mode around the euro following the Draghi’s press conference on Thursday continues to weight on the EUR/USD, dragging the single currency to the region of 1.3350, and trading in consolidation mode around 1.3365.
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