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Forex: EUR/USD falls to 1.3000
FXstreet.com (Córdoba) ? Dollar gain momentum and is rising across the board. EUR/USD fell more than a hundred pips sharply from 1.3150 to 1.3000 after the pair failed to brake above 1.3155. Next support after 1.3300 is at 1.2970. The movement followed reports of a 6.0 magnitude earthquake that hit Mexico, near Acapulco. The stocks in the USA turn and now are down. Dow Jones Industrial Average falls 50 points after worries about the swine-flu increased. For more
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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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Wall Street ends 6-week rally; Yen renews strength
FXstreet.com (Córdoba) ? The Dow Jones Industrial Average rose today 1.50% and ended above 8.000 but failed to continue the weekly rally ending a period of six straight weeks of rises. Related what happened in markets, currencies that used to gain strength during times of risk aversion had a comeback. The Japanese yen appreciated against USD, GBP and EUR; but lost to CHF. These movements show an increase in the price of those currencies associated with refuge positions. USD/JPY closes
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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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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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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 holds up; EUR/USD sustains gains
FXstreet.com (Córdoba) ? U.S. markets soar today and have been able to maintain its gains through the session. The Dow Jones Industrial Average is rising almost 200 points to 8404 and the S&P 500 recently climbed above 900 for the first time since January. Markets are extending the optimism about economic future. This moved increase risk appetite across the board generating a big increase in European currencies which have been trying to break important levels. EUR/USD hasn?t been able
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Closing Market Recap: Stocks Down, Commodities Flat, U.S. Dollar Rebounds
(CEP News) • S&P 500 Falls 2% • Oil and Gold Flat • U.S. Dollar Rebounds • Treasury Market Digesting QEStocks Break to the Downside After Barney Frank Doubts Fed as Regulator Stocks struggled to find direction early in Friday's session, but jittery traders later decided to take profits from the recent stock run-up ahead of today's derivatives expiration.The S&P 500 closed down 15.5 points, or 2%, to 767; the Dow Jones industrial average lost 123 points, or 1.7%, to 7278 and the
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