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US markets trading mixed, dollar bounces off lows

FXstreet.com (Barcelona) - The Dow is posting marginal losses on Tuesday, retreating 0.03% after investors digested the US data and earnings reports, contrasting with the advances of both the S&P500 and the Nasdaq, up 0.10% and 0.48%, respectively. The greenback, measured by the US Dollar Index, is now picking up pace after dipping to weekly lows around 81.65, although still submerged into the red.

Bourses in Europe closed mostly with losses, with only the German benchmark advancing 0.51% bolstered by gains in the Deutsche Bank AG (DB). The FTSE100 was the worst performer, down 0.43%, followed by the IBEX35, 0.38% and the CAC40, 0.31%. Worrisome results in Germany and the euro zone weighted on the markets, dragging the indices lower amid an increasing wave of risk appetite that pushed the EUR/USD to the boundaries of 1.3200, although losing impetus later to the current 1.3150/55 region.

In the commodities space, gains in the ounce troy of he precious metal – 0.32% at $1,472 – are contrasting with the drop of the barrel of WTI, down 0.97% at $93.58.

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Forex: US Dollar Index bouncing off lows, around 81.80/85

The US Dollar Index, which gauges the greenback against its major competitors, is bouncing off session lows in the area of 81.60/65 on Tuesday, punished by the spiralling risk appetite despite the lacklustre...
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