FXstreet.com (Barcelona) - The US markets are trading mixed on Wednesday, as the optimism surrounding the ‘fiscal cliff’ has been boosted after members of the Republican Party have joined a pledge to explore all options regarding taxes and entitlement programs. DowJones and S&P500 are advancing 0.92% and 0.42%, respectively while Apple shares are dragging the Nasdaq to the red territory, losing 0.44% as of writing.
The greenback – measured by the US Dollar Index - is finally advancing, although still in sub 80.00 levels, as risk aversion has taken over sentiment on Wednesday.
On the other hand, markets in Europe closed mostly higher, with the exception of the Spanish IBEX35, down 0.24% for the day. The FTSE100 led the flock, advancing 0.39% followed by the CAC40, 0.28% and the DAX, 0.26%.
The single currency lost the 1.3100 figure after hitting fresh highs at 1.3127, hovering over 1.3080 at the moment, ahead of the ECB monetary policy meeting due tomorrow.
The ounce of Gold is prolonging yesterday’s sell-off accentuated by the USD strength, trading in sub $1,700 levels or -0.08%. The barrel of crude WTI is following suit, down 0.73% at $87.85
The greenback – measured by the US Dollar Index - is finally advancing, although still in sub 80.00 levels, as risk aversion has taken over sentiment on Wednesday.
On the other hand, markets in Europe closed mostly higher, with the exception of the Spanish IBEX35, down 0.24% for the day. The FTSE100 led the flock, advancing 0.39% followed by the CAC40, 0.28% and the DAX, 0.26%.
The single currency lost the 1.3100 figure after hitting fresh highs at 1.3127, hovering over 1.3080 at the moment, ahead of the ECB monetary policy meeting due tomorrow.
The ounce of Gold is prolonging yesterday’s sell-off accentuated by the USD strength, trading in sub $1,700 levels or -0.08%. The barrel of crude WTI is following suit, down 0.73% at $87.85
