Published: Mon, 18 May 2009 18:59:00 +0200

Wall street continues gaining on low share prices, EUR and GBP higher

!--TITOL: h1Wall street continues gaining on low share prices, EUR and GBP higherFITITOL--FXstreet.com (Barcelona) - US market has started the week with a strong rally as investors are hunting for bargains from the last week's slump. SP 500 is recovering its levels from last week, the worse since March. A higher market has fueled the risk appetite, Euro and Pound are higher and USD/JPY is rising.br /br /Dow Jones are rising 2.30%, 187.20 pts to be above the 8,450 level. Nasdaq is climbing up 2.15%, 36.04 pts to beat the 1,700 level and the SP500 is surging 2.26% to trade above the 900.00 key level.br /br /GBP/USD has advanced 1.00% so far today to trade above the 1.5320 level. EUR/USD is trading above 1.3530 after recovering from 1.3470. USD/JPY has broken 96.00 level finally and the pair is trading around the 96.30 level.br /For more information, read our latest a href="http://www.fxstreet.com/news/forex-news/"forex news/a.div a href="http://feeds.fxstreet.com/~ff/news/forex-news?a=l4yisv1B9z8:q8gQYdbkAP0:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/news/forex-news?d=yIl2AUoC8zA" border="0"/img/a /div

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