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Forex pairs in this Article » EUR/USD
FXStreet (Edinburgh) - Positive reading from the Reuters/Michigan index for the month of February boosted the US markets at the end of the week.

DowJones is posting decent gains above the 16K mark, followed by the Nasdaq (0.12%) and the S&P500 (0.50%) after the US consumer sentiment gauged by the Reuters/Michigan index surpassed expectations for the present month, offsetting a poor result from the industrial sector. The greenback, in terms of the DXY, is extending its weekly decline around the 80.15 level after bouncing off the 80.00 handle.

Bourses in Euroland closed in a ‘sea of green’ boosted by the auspicious prints from the EMU’s GDP figures, expanding 0.3% inter-quarter during the last three months of 2013. The DAX outperformed its peers, gaining 0.68% and seconded by the CAC40, 0.63% and the IBEX35, 0.34%. The single currency is finishing the week around the 1.3700 handle, a tad lower after hitting 2-week highs beyond 1.3710.

In the commodities’ space, the ounce troy of gold continues its march north, leaving behind the $1,300 mark and advancing to the vicinity of $1,320 as of writing, up 1.41%. The barrel of WTI is retreating 0.27% albeit keeping the $100.00 handle.
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