FXstreet.com (Córdoba) - Better than expected corporate results are boosting stock futures. The Dollar is extending its losses across the board on a session characterized by an increase in risk appetite. EUR/USD jumped from 1.4935 to 1.4978 posting a fresh 15-month high. The pair trades at 1.4962/65, 0.48% above today's opening price. The Euro is approaching to the key zone at 1.5000.
The by ecPulse.com analysis team affirms: U.S stocks managed to enter a green zone within the closing session on speculation that the economy up till now is on the right track to recovery and as a result of overall and as a result of overall cheerful and better-than expected earnings posted so far from huge U.S corporations, companies such as Johnson & Johnson, Intel Corporation and others, which pushed benchmark indexes to a one-year high, while that the green Benjamin that the dollar approached a 14-month low to drive commodity prices higher and accordingly energy shares posted gains in today's session