Wall Street turns positive, Europe ends lower

FXStreet (Córdoba) - US stocks turned to the upside in the last hour and now are in positive territory for the day. In Europe equities finished Monday lower with moderate losses.

The UK FTSE 100 lost 0.34% while the France’s Cac 40 retreated 0.73%, among the worst performers was Spain’s Ibex 35, that lost 0.95%. In the US the Dow Jones is now up 0.06% after spending most of the day in negative territory, while the S&P 500 gains 0.10%.

Economic data from the US showed the Home builder’s confidence index rising to 49 in June, a 5-month high, while industrial production gained 0.6% in May, recovering after falling 0.3% in April and above expectations.

Crude oil and gold are unchanged, trading at $106.90 a barrel and $1,274/oz respectively.

Highlights so far, noting GBP/USD testing 1.70 - BMO

Stephen Gallo, European Head of Currency Strategy at BMO Capital noted the highlights in current FX space.
了解更多 Previous

GBP/USD luring in strong support

GBP/USD is trading at 1.6985, up 0.09% on the day, having posted a daily high at 1.7013 and low at 1.6959.
了解更多 Next