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6 May 2013

Wall Street opened the week with mixed note

FXstreet.com (San Francisco) - The US stocks market have opened the week mixing red and green numbers as the S&P 500 and the Nasdaq closed at record high but the Dow ended in a negative field. Monday's session was the 3-year anniversary of the 'flash crash' in Wall Street.

The Dow Jones declined 5.07 points or 0.03% to end at 14,968.89. The S&P 500 advanced 3.08 points or 0.19% to close at record high of 1,617.50. The Nasdaq won 14.34 points or 0.42% on the day to finish at 3,392.97.
May 6, 2013

Forex Flash: EUR/USD still looks generally range bound - TD Securities

EUR/USD still looks generally range bound despite last week's rate cut and mixed messaging from the ECB, according to the TD Secutities team. "Overnight price action was particularly narrow, and with a lack of momentum and a dearth of clear catalysts in the coming days, more range trading should remain the prevailing trend".
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May 6, 2013

Session Recap: USD advances on Draghi and NFP hangover

The Greenback traded higher against its major competitors on Monday as investors were digesting Friday's nonfarm payrolls report and as the Euro was hurt by Draghi's concerns on the economic recovery in the Euro area.
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