EUR/USD on the Decline

February 27, 2015

Yesterday world financial markets posted mixed results again. In Europe as such, the British FTSE 100 grew 0.21 percent up to 6,949.73 points, the German DAX advanced 1.04 percent up to 11,327.19 points, and the French CAC 40 gained 0.58 percent getting to 4,910.62 points.
In Russia, the MICEX index grew 0.83 percent up to 1,760.66 points, and the RTS index shot up by 3.18 percent reaching 911.98 points.
In the United States, the Dow Jones shed 0.06 percent going down to 18,214.42 points, the S&P 500 fell 0.15 percent down to 2,110.74 points whereas the NASDAQ advanced 0.42 percent up to 4,987.89 points.
On the NYMEX, the price of WTI oil futures for April dropped by $2.82 and made $48.17 a barrel. On London’s ICE, the price of Brent oil futures for April delivery went down by $1.58 and reached $60.05 a barrel.
On the Forex market, EUR/USD experienced a sharp fall. Nevertheless, it’s too early to speak about a downward tendency.

Anna Gorenkova, NordFX Analyst

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