US stocks decline, USD mixed

By FXstreet.com | August 07, 2014 AAA

FXStreet (Córdoba) - US equities were falling on Thursday despite better--than-expected economic data while European markets finished lower. Among country indexes, the UK FTSE 100 slipped 0.59% while the Germany's Dax 30 lost 1%. The France’s CAC 40 declined 1.36% while Italy’s FTSE MIB plummeted 1.94%, the worst performer.



In Wall Street, the Dow Jones was falling 0.45% while the Nasdaq was down 0.30%. Crude oil was recovering ground, up 0.45% while gold was trading at fresh weekly highs above $1,310/oz.



In the FX market, the USD was rising against European currencies and remained steady versus commodity currencies. The Yen gained momentum in the last hours pushing the USD/JPY back toward 102.00.



comments powered by Disqus
Related Forex Analysis
  1. USD/JPY Traders Await Clearer Guidance As A Doji Signals Hesitation
    Forex News

    USD/JPY Traders Await Clearer Guidance As A Doji Signals Hesitation

  2. USD/JPY is dancing around 107.00
    Forex News

    USD/JPY is dancing around 107.00

  3. USD/CAD Tests Critical Barrier As Intraday Dojis Denote Indecision
    Forex News

    USD/CAD Tests Critical Barrier As Intraday Dojis Denote Indecision

  4. NZD/USD Stalls At 0.8000 Barrier As A Doji Arises & Volume Fades
    Forex News

    NZD/USD Stalls At 0.8000 Barrier As A Doji Arises & Volume Fades

  5. EUR/USD sidelined above 1.2700
    Forex News

    EUR/USD sidelined above 1.2700

Trading Center