Markets in record highs, dollar advances

FXStreet (Edinburgh) - US equities are trading with gains at the beginning of the week, with the Dow hitting intraday record highs amidst upbeat sentiment.

As of writing, DowJones is up 0.67% followed by the S&P500, 0.81% and the Nasdaq, 1.6%. The greenback, in terms of the DXY, is extending its winning streak, currently in levels shy of the psychological handle at 80.00.

The main indices in Euroland closed in a ‘sea of green’ following rumours in the M&A space and positive performance of the mining sector. The German benchmark advanced 1.26% seconded by the IBEX35, 0.76% and the FTSE100, 0.55%. The EUR/USD remains unchanged around the 1.3750/60 region, still under the effects of the recent ECB meeting and Draghi’s comments.

In the commodities’ land, the ounce troy of gold is up 0.65% hovering over the $1,300 mark while the barrel of WTI is up 0.6% in the mid-$100.00s.

GBP/JPY rises back above 172.00

The GBP/JPY is rising on Monday, trimming part of last week losses and has been able to rise back above 172.00.
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AUD/JPY rises further above 95.50

The AUD/JPY climbed on Monday to 95.71, reaching the highest price since April 23.
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