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Forex pairs in this Article » EUR/USD
FXstreet.com (Edinburgh) -Shares in the US trading floor are retreating on Thursday, as investors rushed to cash up recent strong gains. The official debut of Twitter (TWTR) is the colorful note of the day, opening at $45.10. The US Dollar Index is retracing most of the spike post-ECB decision and US Q3 GDP release, now hovering over 80.70 after hitting multi-week highs near 81.50. At the moment DowJones is down 0.70%, followed by the S&P500, 1.05% and the Nasdaq, 1.55%.

The main indices in Euroland faded the initial strong reaction after the ECB cut the refi rate, closing the day in negative ground with the exception of the German benchmark, up 0.66%. Positive data from the US GDP also ignited concerns on a sooner-than-expected Fed tapering of QE, weighing on sentiment. The IBEX35 lost almost 1.0% followed by the FTSE100, 0.66% and the CAC40, 0.16%. The EUR/USD dropped to sub-1.3300 levels in the wake of the ECB’s decision, picking up pace afterwards and currently trading around the mid 1.34s.

In the commodities’ sphere both the barrel of WTI and the ounce troy of the precious metal are giving ground, losing 0.66% at $94.17 and 0.89% at $1,306.
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