FXstreet.com (Córdoba) - Greenback is holding across the board with gains while markets in the U.S. are falling sharply. Stocks in Europe closed with a decline of more than 1.50% on average. The Dow Jones is now at 9580, falling 1.36%; the Nasdaq is plunging 2.25%. Crude oil is recovering and is back above $70 a barrel.
EUR/USD is moving in a range with a downside bias. The pair tested earlier two week lows at 1.4515. In case Greenback managed to break below it could gain momentum and send the pair lower to test 1.4500 initially.
GBP/USD plunged to 1.5925 after the opening bell at Wall Street and since then moved sideways. The pair found resistance at 1.5970.
Against the Yen, the Dollar is at the same levels it had at the beginning of the day. USD/JPY is recovering after falling to 89.40. The Japanese currency is higher today against European currencies and is getting closer to intra-week highs.
USD/CHF is holding above 1.0400, 0.50% above today's opening price. The pair rose during the Asian and European session and during the American is consolidating gains.