OctaFX | OctaFX Forex Broker
Open trading account

S&P hits record highs, EUR consolidates losses

FXStreet (Córdoba) - Equities in the US are rising on Monday while European markets finished sharply higher. Among country indexes the Dax rose 1.83%, the Cac 40 climbed 2.10% while the FTSE MIB soared 2.29%.

In Wall Street, the S&P 500 reached a new intraday record, after rising above 2,000 for the first time and then pulled back, it was up 0.43%; the Dow Jones was up 0.49% and the Nasdaq was rising 0.32%.

Crude oil and gold were falling modestly, 0.45% and 0.15% respectively. Among currencies the Euro was consolidating losses while the US dollar hit fresh highs during the American session against commodity currencies. The Yen trimmed losses pushing the USD/JPY back below 104.00, toward Friday closing levels.

USD/CAD bullish and looking for 1.11 lows - TDS

Shaun Osbourne, Chief FX Strategist at TD Securities notes the surrounding circumstances for the USD/CAD.
Read more Previous

GBP/USD has fallen out of favor

GBP/USD is trading at 1.6584, up 0.09% on the day, having posted a daily high at 1.6600 and low at 1.6536.
Read more Next
Start livechat