Wall Street opens the 2013 second half with gains

FXstreet.com (San Francisco) - The US stocks market opened July with gains as investors digested upbeat PMI manufacturing index with softer hiring in the sector. Stocks rallied in the start but it retraced from highs just before the closing bell. The Nasdaq closed up for 5 straight day.

The Dow Jones advanced 65.36 points or 0.44% on the day to end the session at 14,974.96. The S&P 500 added 8.68 pts or 0.54% to 1,614.96. And the Nasdaq rose 31.24 points or 0.92% to finish the day at 3,434.49.

USD/CAD testing the 1.0500 level

The USD/CAD technical pair is testing the 1.0500 level during US trading Monday, having fallen lower and weakened recently.
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EUR/USD operating slightly off its intraday highs

The EUR/USD foreign exchange rate has hung onto its robust gains during the entirety of the US session, still navigating slightly off its intraday highs at 1.3070.
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