1 Oct 2014
US equities falling sharply, USD sideways
FXStreet (Córdoba) - On the first day on the fourth quarter stocks were falling in Wall Street following a decline in Europe. Among country indexes the FTSE 100 lost 0.89%, the Dax retreated 0.97% and the Cac 40 lost 1.16%. In the US, main indexes were falling considerably: Dow Jones -1.19%, Nasdaq -1.30% and S&P 500 -0.88%.
In the currency market, the US dollar was moving sideways, still higher for the day, but off session highs. The yen was the best performer among majors and it was rising sharply, USD/JPY tumbled from 110.00 to 109.12.
Crude oil was recovering modestly after yesterday’s plunge, rising 0.80%. Gold was also moving higher after rebounding at $1,204/oz (2014 lows) and was testing $1,220.
In the currency market, the US dollar was moving sideways, still higher for the day, but off session highs. The yen was the best performer among majors and it was rising sharply, USD/JPY tumbled from 110.00 to 109.12.
Crude oil was recovering modestly after yesterday’s plunge, rising 0.80%. Gold was also moving higher after rebounding at $1,204/oz (2014 lows) and was testing $1,220.