Dollar Keeps Rising

September 29, 2014

Last Friday the world’s financial markets closed mixed. As such, in Europe the British FTSE 100 grew 0.28 percent up to 6,658.29 points, the German DAX fell 0.20 percent down to 9,490.55 points while the French CAC 40 advanced 0.91 percent up to 4,394.75 points.

In Russia, the MICEX index dropped 0.13 percent down to 1,434.20 points and the RTS index – 1.65 percent down to 1,156.15 points.

In the United States, the Dow Jones grew 0.99 percent up to 17,113.15 points, the S&P 500 gained 0.86 percent up to 1,982.85 points, and the NASDAQ added 1.02 percent reaching 4,512.19 points.

On the NYMEX, price quotations of WTI oil futures for November went up by $1.01 making $93.54 a barrel. On London’s ICE, the November Brent oil future finished trading at $97 a barrel.

On the global Forex market, EUR/USD closed below 1.27. Nonetheless, one can expect the pair to experience a correction in the range of the current rates.

Anna Gorenkova, NordFX Analyst

 

Publication source
NordFX information  NordFX reviews

September 30, 2016
The OPEC greases the wheels for oil
The global equities rally led by the gains in the energy sector after the OPEC members cut a deal in Algiers, despite the market scepticism and repeated statements that the Oil officials in Iran and Saudi Arabia are not able to find a middle ground in the current conditions...
September 30, 2016
Opec deal no certainty
In a huge surprise to the market, members of the Opec cartel agreed to cut production by as much as 700,000 barrels a day with some predicting that this may be the start of a new upward trend for oil...
September 30, 2016
Brent futures consolidated their gains
Brent rose in the European session after a surprised OPEC decision to cut oil output. Moreover, a draw in U.S. crude stocks gave an additional support for oil prices...

FOREX.com Rating
FXCM Rating
Vantage FX Rating
Orbex Rating
OANDA Rating
OctaFX Rating

365BinaryOption Rating
Binary Brokerz Rating
Anyoption Rating
24option Rating
Porter Finance Rating
Beeoptions Rating