21 Aug 2013
Markets mixed post FOMC, dollar advances
FXstreet.com (Edinburgh) -US equities are trading mostly in red on USD-supportive FOMC minutes, highlighting at the same time the likeliness of the Fed scaling back its monthly purchases of bonds before year-end. The greenback, expressed by the US Dollar Index, is now back to the 81.25/30 region after a quick spike to session highs around 81.40. At the moment DowJones is down 0.10%, while the S&P500 and the Nasdaq are both up 0.05% and 0.26%, respectively.
Markets across the pond closed in a ‘sea of red’, as cautiousness prevailed amongst tarders ahead of today’s minutes. The FTSE100 retreated 0.97% followed by the IBEX35, 0.48% and the CAC40, 0.34%. The single currency dropped to fresh lows in the 1.3340/35 region in the wake of the FOMC release, although gathering steam to the current 1.3370 region afterwards.
In the commodities’ space, both the barrel of WTI and the ounce troy of gold are losing ground, 1.17% at $103.88 and 0.14% at $1,370, respectively.
Markets across the pond closed in a ‘sea of red’, as cautiousness prevailed amongst tarders ahead of today’s minutes. The FTSE100 retreated 0.97% followed by the IBEX35, 0.48% and the CAC40, 0.34%. The single currency dropped to fresh lows in the 1.3340/35 region in the wake of the FOMC release, although gathering steam to the current 1.3370 region afterwards.
In the commodities’ space, both the barrel of WTI and the ounce troy of gold are losing ground, 1.17% at $103.88 and 0.14% at $1,370, respectively.