FXstreet.com (Buenos Aires) - Higher stocks and gold prices and keeping dollar under some pressure this American session, thus not as much as one could had expected past weeks. EUR/USD continues contained under 1.4700, quoting around 1.4650 level, while GBP/USD failed to hold above 1.5900.
Commodity currencies seems to be the ones benefited by current dollar weakness, as AUD and CAD had rose strongly against greenback, mounted on gold prices. Despite gold remains capped by the $ 1000/oz resistance level, a downside movement is far from confirmations. Hovering between 990/997, gold needs either to regain 1000 or break under 980, to define a stronger movement.