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Forex pairs in this Article » EUR/USD
FXstreet.com (Edinburgh) -Decent data from the Chinese economy over the weekend, showing CPI below forecasts and solid retail sales and industrial production would be behind today’s upbeat tone amongst traders. The greenback is partially surrendering recent strong gains although keeping the trade above the 81.00 handle so far. As of writing DowJones is up 0.13% followed by the S&P500 and the Nasdaq, advancing 0.07% and 0.06%, respectively.

Bourses in Euroland closed in a ‘sea of green’ following the overall positive results from China and corporate results above expectations. The CAC40 was the best performer, up 0.70% ahead of the IBEX35, 0.43% and the DAX, 0.33%. The shared currency is extending its boring pattern around the 1.3400 handle amidst thin trade, lack of data releases and the US Veterans Day.

In the commodities’ land, the barrel of WTI is posting marginal gains, up 0.07% at $94.67 while the ounce troy of gold is retreating 0.26% around $1,280.
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