FXstreet.com (Barcelona) - European markets are fluctuating between gains and losses after a positive opening Tuesday; Euro consolidates at lower levels after declines from yesterday's highs, while the pound attempts to crawl higher.
Eurostoxx 50 Index edges up 0.25%, while German DAX index gains 0.17%. London FTSE Index trades 0.68% above the opening level.
Euro and Pound have attempted to pick up from intra-day lows the Euro has been rejected by immediate resistance while the Pound stands above session high ahead of industrial production data.
Euro - Dollar attempt of recovery to walk away from intra-day low at 1.3320 has been short lived, and the Euro has returned below 1.3385 resistance level.
The Pound seems to be crawling higher as after having bounced up at 1.4640, and the pair has stretched right above 1.4710 level, nevertheless, upside move does not seem to be very strong ahead of the UK Industrial production data.
USD/JPY seems to be consolidating above 100.00 level after retreat from yesterday's high at 101.45, at the moment the Dollar moves from 100.35 to 100.65.