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US stocks rise sharply, EUR falls

FXStreet (Córdoba) - Equities in the US were rising considerably on Monday while European markets finished higher. Among country indexes, UK’s FSTE 100 rose 0.78% while Germany’s Dax climbed 1.68%. In Wall Street, main indexes were posting importante gains: Dow Jones +1.04% Nasdaq +0.90% and S&P 500 +0.82%.

Easing tensions in Ukraine and Iraq help risk appetite across the globe. Crude oil and gold were falling, 1.40% and 0.45% respectively.

Economic data in the US, showed that the home builders index from the NAHB rose to 55, hitting a 7-month high; analysts were expecting a reading of 53.

Among currencies, the US dollar was mixed with the Euro and the Swiss Franc falling across the board. The Australian Dollar was outperforming the other commodity currencies.

USD/CAD key support 1.0850/60 - TD Securities

Shaun Osbourne, Chief FX Strategist at TD Securities said that on the charts, we still see last week’s price action as a temporary correction within the broader move up.
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USD/JPY sticking to the range, support at 102 handle

USD/JPY is trading at 102.57, up 0.22% on the day, having posted a daily high at 102.61 and low at 102.25.
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