EUR/USD is near 1.3820 at this time. The gap hasnt been covered yet

April 16, 2014

Yesterday the world’s financial markets finished mainly with a decline. In particular, European floors posted such trading results on closing – Britain’s FTSE 100 fell 0.64 percent stopping at 6,541.61 points, Germany’s DAX 30 slumped 1.77 percent finishing the day at 9,173.71 points, and France’s CAC 40 shed 0.89 percent down to 4,345.35 points.

In Russia, the MICEX index dropped 2.52 percent down to 1,311.01 points while the RTS index plunged 3.14 percent getting to 1,142.96 points.

In the USA, the Dow Jones advanced 0.55 percent up to 16,262.56 points, the S&P 500 grew 0.68 percent up to 1,842.98 points, and the NASDAQ gained 0.29 percent going up to 4,034.16 points.

The price of May futures for the North Sea petroleum mix of mark Brent Crude Oil went down by $0.33, making $108.74 a barrel. The price of May futures for light WTI oil lowered by $0.30, down to $103.75 a barrel.

On the Forex market, EUR/USD is near 1.3820 at this time. The gap hasn’t been covered yet.

Anna Gorenkova, NordFX Analyst

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