FXstreet.com (Córdoba) - Greenback is moving away from intra-day high against European currencies and is extending it losses against the Yen as markets in the U.S. consolidate gains. Gold is also recovering and is back above $1,160 an ounce.
EUR/USD erased previous losses and currently trades at the same level it had at the beginning of the day. The pair is testing the highs of the American session at 1.4875.
USD/JPY is falling sharply on Monday. The pair failed to hold above 90.00 and tumbled to test the 89.00 support. GBP/USD is back above 1.6400 and currently trades above the resistance zone at 1.6450.
The Dow Jones in the U.S. is rising 0.49% and the Nasdaq gains 0.15%. Markets in Europe closed with moderate losses. In London the FTSE 100 lost 0.22% and in Frankfurt the DAX 30 slid 0.57%