US stocks close near to highs... but negative

FXStreet (San Francisco) - Wall Street closed on the downside no matter its attempts to recover initial losses. Finally, major indexes closed near to highs but it was all over red.

Better than expected service sector data fueled investors' confidence, however the market is reluctant to take positions ahead of ECB meeting and Non Farm payrolls report.

The DJIA lost 5.01 points or 0.03% to close almost flat on the day at 15,440.23; the S&P 500 declined 3.56 pts or 0.20% to finish at 1,751.64; while the Nasdaq Composite eased 19.97 pts or 0.50% to 4,011.55.

NZD/USD 0.77 by year end?

NZD/USD has traded on the bid for the best part of the session since the drop from 0.8225 to 0.8190.
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EUR/CAD a steady construction?

EUR/CAD, ahead of the ECB and strategists at TD Securities noted that price action looks potentially constructive on the day so far, with the EUR finding good support in the low 1.49s and against minor, upward sloping trend support.
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