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U.S. Markets open with moderate gains; Euro gives back previous gains
FXstreet.com (Barcelona) ? U.S stock markets are going through moderate gains at the opening times, cheered by better than expected quarterly earnings by Apple and Ebay. The Euro has lost most of the gains pocketed during the European session, Pound and yen remain in range.Dow Jones Industrial Index remains edges up 0.18% while the Nasdaq Index adds 0.32% and the S&P Index trades 0.43% above its opening level minutes after the opening bellShares of Apple and Ebay have surged after
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U.S. markets open with losses on swine flu fears; Euro, down on low volatility session
FXstreet.com (Barcelona) ? Following declines in Asian and European markets, Wall street has opened the week on weak note amid concerns about the economic consequences of swine flu. Euro ticks down while, Pound and Yen remain little moved in absence of macroeconomic news.Dow Jones Industrial Index drops 0.66% with the Nasdaq index 0.82% down, and S&P Index trading 0.76% below the opening level.Shares of travel such as airlines and cruise ship operators have been seriously hit on Monday after swine
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Dow Jones Indus, a chance to short.....
FXstreet.com (Barcelona) - In the April 2nd email on the Dow Jones Industrial Average, said that at least some further upside was favored as the pattern not ?complete?. Reached the buy target a few days later at 7850/75, but said to use an aggressive trailing stop on a close below the bullish trendline from early Oct, as further new highs may be limited and part of a larger topping. The market did indeed continue to chop higher, testing
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Forex (foreign exchange) Currency trading
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U.S. markets react towards positive territory; Euro rallies
FXstreet.com (Barcelona) ? Wall Street seems to be picking up after an erratic opening, weighed by news on Morgan Stanley swinging into losses on the Q1 and IMF downgrading global economic outlook. Euro rallies, and the Pound picks up from a 21 day low.Dow Jones Index edges up 0.24%, and the Nasdaq Index goes through gains by 1.0% while the S&P Index trades 0.26% below its opening level in the first hour of trading. Morgan Stanley announced a $177 million
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U.S. markets mix; Dollar slightly lower
FXstreet.com (Córdoba) ? Wall Street recovers from early losses. Dow Jones Industrial Average now is up 10 points, the technological index; Nasdaq is still down but only 0.05% in the first day on May. Dollar is slightly lower across the board since the start of the American Session. The activity is limited and perhaps will continue in this way since no more economic reports are due to be released on Friday. EUR/USD is near resistance level of 1.3285. The
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Asian stocks rise on cautious session; Euro and Pound, up
FXstreet.com (Barcelona) ? Asian stock markets have risen on Thursday in a session dominated by caution as Morgan Stanley?s quarterly losses reactivated fears about the banking sector. Euro and Pound have ticked up , Yen remains rangebound.Japanese Nikkei Index edges up 0.4% after a negative opening, and Hong Kong?s Hang Seng Index rose 0.9% while South Korean Kospi Index added 0.5%.Yesterday, Wall street closed with losses after having been swinging from positive to negative levels. Dow Jones Industrial Index fell
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U.S. markets soared; Euro, Pound and Swiss Franc strengthen
FXstreet.com (Córdoba) ? Markets soared today in the U.S. Dow Jones gain 215 points finishing at 8426. S&P Index rose 3.40% and had the highest close since January at 907.20. Optimism increase after a good housing report and also an increase in construction spending for the first time after six months. Also crude oil futures had a great day, closing at $54.40 a barrel (five-month high). European currencies where among the winners of today session. EUR/USD rallied today and
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