Dollar Getting Stronger Again

September 1, 2014

Last Friday world stock markets closed mixed. As such, in Europe the British FTSE 100 grew 0.20 percent up to 6,819.75 points, the German DAX gained 0.08 percent up to 9,470.17 points, and the French CAC 40 advanced 0.34 percent finishing trading at 4,381.04 points.

On the Russian floor, the MICEX index fell 1.62 percent down to 1,400.71 points while the RTS index grew 2.40 percent up to 1,190.23 points.

Trading in the USA resulted in the Dow Jones gaining 0.11 percent up to 17,098.45 points, the S&P 500 growing 0.33 percent up to 2,003.37 points but the NASDAQ dropping 0.50 percent down to  4,580.27 points.

On London’s ICE Futures, October Brent oil futures went up by $0.73 reaching $103.19 a barrel. On the NYMEX, the price of the October future for WTI oil rose by $1.41 and stopped at $95.96 a barrel.

On the global Forex market, EUR/USD closed with a slump. If the pair gets over 1.3115, its next support level will be 1.3060. The euro is falling today also. Nonetheless, the gap hasn’t been closed yet.  

Anna Gorenkova, NordFX Analyst

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