US markets mixed ahead of FOMC, dollar firmer

FXstreet.com (Edinburgh) -Traders keep the cautious tone on Thursday, with equities in the US markets trading in a mixed tone ahead of the FOMC meeting due tomorrow. The greenback, in terms of the US Dollar Index, is inching higher and advancing for the second consecutive session in the vicinity of 82.00 the figure. DowJones and S&P500 are down 0.21% and 0.17%, respectively while the Nasdaq is up 0.27%.

Bourses across the pond closed with gains on decent results from the German consumer confidence sponsored by Gfk and the advanced GDP figures in Spain, surpassing forecasts. The IBEX35 was the top performer, up 0.96% and followed by the CAC40, 0.45% and the FTSE100, 0.16%. After briefly piercing 1.3300, the single currency fell to multi-day lows around 1.3230/35, picking up pace afterwards to the current area around 1.3250.

In the commodities’ space, the barrel of WTI intensifies the decline, down 1.72% at $102.75. The ounce troy of the precious metal is following suit, losing 0.38% at $1,324.

EUR/GBP reaches 2-week high

The EUR/GBP extended gains to a fresh 2-week high during the American session as the British pound continues to underperform its major rivals.
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Flash: Charting AUD weakness – BMO Capital Markets

The lurch lower in the AUD across the board and broad SEK weakness were the primary points of interest fundamentally earlier in London today, whilst fluctuations in the GBP appeared mainly to be a product of month-end flows and quite possibly some pre-BoE/ECB positioning as well, notes Stephen Gallo at BMO Capital Markets.
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