US markets mixed, dollar remains strong
Forex pairs in this Article »
EUR/USD
FXstreet.com (Barcelona) - The US markets are trading mixed on Tuesday, after the US Consumer Confidence has climbed to 73.7 on November, posting the best reading since February 2008
Markets are also suffering the USD strength, which continues its march north after the risk appetite has gradually disappeared along with the positive effects of the Greek deal.
At the moment the DowJOnes and the S&P500 are retreating 0.25% and 0.09% respectively, while the evolution in the tech sector, measured by the Nasdaq is up 0.11%.
In the meantime, the markets in Europe closed in the positive territory, with the exception of the Spanish IBEX35, falling 0.14%. As the famous "buy the rumor, sell the fact" was growing bigger after Greece sealed the next tranche of financial aid, markets started to edge higher while the single currency was free-falling from today's tops around 1.3010 to levels sub 1.2920. The recent positive US data have collaborated as well in the downside.
As of writing, EURUSD is losing 0.30% at 1.2931
The German DAX led the profits in European bourses, followed by the FTSE100 0.22% and the CAC40 0.03%.
The price of the barrel of WTI is grinding lower, at $87.53 or losing 0.24%. The Gold is following suit, dropping to $1,742, or 0.43%.
Markets are also suffering the USD strength, which continues its march north after the risk appetite has gradually disappeared along with the positive effects of the Greek deal.
At the moment the DowJOnes and the S&P500 are retreating 0.25% and 0.09% respectively, while the evolution in the tech sector, measured by the Nasdaq is up 0.11%.
In the meantime, the markets in Europe closed in the positive territory, with the exception of the Spanish IBEX35, falling 0.14%. As the famous "buy the rumor, sell the fact" was growing bigger after Greece sealed the next tranche of financial aid, markets started to edge higher while the single currency was free-falling from today's tops around 1.3010 to levels sub 1.2920. The recent positive US data have collaborated as well in the downside.
As of writing, EURUSD is losing 0.30% at 1.2931
The German DAX led the profits in European bourses, followed by the FTSE100 0.22% and the CAC40 0.03%.
The price of the barrel of WTI is grinding lower, at $87.53 or losing 0.24%. The Gold is following suit, dropping to $1,742, or 0.43%.
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