18 Sep 2013
Markets and dollar in red ahead of FOMC
FXstreet.com (Edinburgh) -Equities in the US markets are trading on the back foot waiting for the Fed decision on Wednesday, reverting three consecutive session of gains. The greenback is also retreating, hovering over session lows around 81.00 the figure. At the moment DowJones is losing 0.24%, seconded by the S&P500, 0.11% and the Nasdaq, 0.15%.
With the FOMC meeting on the horizon, bourses in the Old Continent closed with decent gains with the exception of the British benchmark, down 0.17% for the day. The IBEX35 led the winners, up 0.78% and followed by the CAC40, 0.60% and the DAX, 0.45%. The single currency bounced sharply off lows around 1.3340 to test recent highs just above 1.3380.
In the commodities sphere, the barrel of WTI is rallying 1.62% at $107.09 while the ounce troy of gold is losing 0.08% at $1,308.
With the FOMC meeting on the horizon, bourses in the Old Continent closed with decent gains with the exception of the British benchmark, down 0.17% for the day. The IBEX35 led the winners, up 0.78% and followed by the CAC40, 0.60% and the DAX, 0.45%. The single currency bounced sharply off lows around 1.3340 to test recent highs just above 1.3380.
In the commodities sphere, the barrel of WTI is rallying 1.62% at $107.09 while the ounce troy of gold is losing 0.08% at $1,308.