Dollar Rising Again

May 14, 2014

On Tuesday, the world’s financial markets closed on the up for the most part. As such, in Europe, the British FTSE gained 0.31 percent making 6,873.08 points, the German DAX 30 grew 0.54 percent up to 9,754.43 points, and the French CAC 40 advanced 0.25 percent up to 4,505.02 points.

On the Russian market, the MICEX index grew 0.73 percent up to 1,385.29 points while the RTS index finished trading with a 1.62 percent rise up to 1,254.29 points.

In the USA, the S&P 500 BMI added 0.04 percent going up to 1,897.45 points, the Dow Jones advanced 0.12 percent up to 16,715.44 points whereas the NASDAQ fell 0.33 percent down to 4,130.17 points.

There was a hike of oil prices on world commodity exchanges – the ICE price of Brent oil went up by $0.83 up to $109.24 a barrel while the NYMEX price of Light Sweet oil increased by $1.11 making $101.70 a barrel.

On the Forex market, EUR/USD has reached 1.37. Now a correction may happen.

Anna Gorenkova, NordFX Analyst

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