Dollar Awaits a New Boost for Growth

October 31, 2014

On Thursday, the world’s stock indices closed on the rise. In Europe, the British FTSE grew 0.15 percent up to 6,463.55 points, the German DAX 30 advanced 0.35 percent up to 9,114.84 points, and the French CAC 40 picked up 0.74 percent closing at 4,141.24 points.

On the Russian stock exchange, the MICEX index grew 0.92 percent up to 1,452.89 points, and the RTS index gained 0.07 percent reaching 1,098.68 points.

In the USA, the Dow Jones advanced 1.30 percent up to 17,195.42 points, the S&P 500 grew 0.62 percent up to 1,994.65 points while the NASDAQ added 0.37 percent making 4,566.14 points.

At the same time, there was another slump in oil prices on Thursday. The NYMEX price of the WTI oil future went down by $1.08 reaching $81.12 a barrel. The ICE price of the Brent oil future fell by $0.88 down to $86.24 a barrel.

On the Forex market, EUR/USD is getting nearer 1.2510. The pair needs a serious boost in order to break through this level downwards.

Anna Gorenkova, NordFX Analyst

Publication source
NordFX information  NordFX reviews

September 28, 2016
US presidential debate moves unwind
The market’s initial response to the US presidential election debate overnight was a clear sigh of relief. The Mexican Peso, which had hit a record low against the dollar just the day before, surged higher, as too did the Canadian dollar...
September 27, 2016
Markets start last week of September on the back foot
It hasn't been a great start for global equities in this last week of September, with European indices dropping between 1.0 to 1.5 per cent during Monday’s morning session, mirroring a similar performance in Chinese and Japanese markets overnight...
September 23, 2016
Gold rises to critical level on lower-for-longer policy signals
The price of gold extended its rebound modestly on Thursday after the US Federal Reserve provided some key signals on Wednesday that, despite a considerable probability of one Fed rate hike by the end of this year...

HYCM Rating
FXCM Rating
FIBO Group Rating
FxPro Rating
Larson&Holz IT Ltd Rating
OANDA Rating

Binary Brokerz Rating
Grand Option Rating
EZTrader Rating
24option Rating
TopOption Rating
TropicalTrade Rating