Wall Street opens on green, Gold consolidates highs and the Dollar collapses

Wed, Nov 4 2009, 15:05 GMT
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FXstreet.com (Barcelona) – US stock markets are rising today's session following the green note in Europe and Asia. Gold is consolidating highest level after the last bullish movement which place the metal at $1,095/oz while the Dollar is falling across the board.

Wall Street has opened Wednesday's session with a positive note as financials are jumping and speculations the Federal Reserve will hold unchanged its interest rate at 0.25%. Dow Jones is rising 0.60% so far today to post its index above 9,800 level, close to 9,830. S&P 500 advances 1.00% and the Nasdaq index is reaching 0.75% so far today.

EUR/USD is climbing to trade above 1.4800 level, GBP/USD is consolidating high levels close to 1.6540 after the last bullish movement, USD/JPY is retreating from intra-week highs at 91.00 to trade close to 90.70 and the USD/CHF has fallen below 1.0200.

EUR/USD

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