Yesterday the world financial markets finished mixed. EUR/USD is going down

April 22, 2014

Yesterday the world’s financial markets finished mixed. As such, on the Russian floor, the MICEX index fell 0.85 percent down to 1,345.04 points and the RTS index – 1.02 percent down to 1,187.94 points.

In the United States, the Dow Jones gained 0.25 percent going up to 16,449.25 points, the NASDAQ Composite grew 0.64 percent up to 4,121.55 points, and the S&P 500 BMI advanced 0.38 percent closing at 1,871.89 points.

On the world commodity market, the price of June futures for the North Sea petroleum mix of mark Brent Crude Oil went down by $0.42, making $109.65 a barrel. The price of May futures for light WTI oil rose by $0.07, up to $104.37 a barrel.

On the global currency market, EUR/USD is going down. Its target is 1.3760. The gap closure has been put on hold – the pair may just as well stay below the gap throughout April.

Anna Gorenkova, NordFX Analyst

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