Wall Street finished mix today. Dow Jones ended up 0.60% but Nasdaq fell 0.89%. Both indexes finish above session lows. Financial stocks and General Motors weighed the market down. The Dollar fell across the board for the day, especially against the Yen.
EUR/USD is up for the day 0.51%. But the dollar recovered after the pair reached a new 7-week high at 1.3707 falling to 1.3588, but failed to stay below 1.3600. Current price is 1.3643.
USD/CHF reached a 4-month low at 1.1005 early in the day. But during the American session the dollar recovered some losses topping at 1.1090. Currently the pair is moving in a range between 1.1050 and 1.1070.
The pound rose against the dollar today but couldn’t hold all its gains during the American session. GBP/USD reached today a 4-month high at 1.5352 after U.S. trade data was released. Then fell bottoming at 1.5200 where the pound rebounded and strengthen rising to 1.5285. Current price is 1.5265 which is 1% above opening price.
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