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28 Aug 2013
US markets reverting losses, dollar on the rise
FXstreet.com (Edinburgh) -Equities in the US markets are advancing after two sessions in the red figures amidst increasing concerns surrounding Syria. The greenback, tracked by the US Dollar index, is off highs around 81.50, recovering from Tuesday’s pullback. At the moment DowJones is up 0.40% followed by the S&P500 and the Nasdaq, advancing 0.45% and 0.57%, respectively.
Bourses across the Atlantic closed mostly in red, with the sole exception being the Spanish benchmark, up a marginal 0.05% for the day. Syrian jitters were again the main factor behind today’s losses, against a backdrop of an imminent attack by US-led forces. The DAX lost 1.03%, seconded by the cac40, 0.21% and the FTSE100, 0.17%. The single currency keeps the 1.3330 region after testing the boundaries of the critical 1.3300 support, dragged lower by Syrian concerns.
In the commodities’ space, the barrel of WTI keeps its relentless march north, up 1.07% at $110.18. The ounce troy of the precious metal is following suit, up 0.14% at $1,422.
Bourses across the Atlantic closed mostly in red, with the sole exception being the Spanish benchmark, up a marginal 0.05% for the day. Syrian jitters were again the main factor behind today’s losses, against a backdrop of an imminent attack by US-led forces. The DAX lost 1.03%, seconded by the cac40, 0.21% and the FTSE100, 0.17%. The single currency keeps the 1.3330 region after testing the boundaries of the critical 1.3300 support, dragged lower by Syrian concerns.
In the commodities’ space, the barrel of WTI keeps its relentless march north, up 1.07% at $110.18. The ounce troy of the precious metal is following suit, up 0.14% at $1,422.