Markets in Wall Street fell today. Dow Jones lost 2% and Nasdaq 1.11% on the day that Treasuries slumped and General Motors failed to reach an agreement with bondholders. Crude-oil futures on the other side, ended at their highest level since November 5. The Dollar moved most of the session with no clear direction reaching new multi-month lows against GBP, CAD and AUD. Afterward greenback recovered.
Dollar rises after the closing bell
EUR/USD is falling 1% so far today from the opening price. Dollar was able, after several attempts to stay below 1.3900. Current price is 1.3840 near intra-day low at 1.3823.
USD/JPY is up 0.38%. The pair has been moving in a range the last hours between 95.15 and 95.30. Early in the session the pair bottomed at 94.64 but it was rejected from that zone.
GBP/USD is now below 1.6000.Early in the American session the Pound rose to a fresh 5-month high but was enable to stay in those levels. After the closing bell in Wall Street the Dollar got stronger and now GBP/USD is falling further to 1.5950.
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