Fxstreet.com (CÃ³rdoba) - In the last hour of session in Wall Street, the Dow Jones Industrial Average fell hard erasing early gains to end at 7.886; 83 point below yesterdays close. On the other side, the Nasdaq managed itself to end the day in green gaining only 0.14%. In the Forex after the first hour of the American Session the market remain calm with majors doing lateral moves.
Dollar initially lost against the euro. But then started to move in a range between 1.3037 and 1.2980 without being able to break any of these levels. For the day the pair is up 0.40%. Now is being traded at 1.2997/1.3002. Early in the day EUR/USD fell to 1.2884 reaching a new five-week low. In four-hour chart the pair holds its down trend.
Similar to other pairs, USD/JPY has being moving inside a lateral channel with limits at 97.75 and 98.25. For the day the yen has recovered yesterday losses and fall in the mourning to a new month low at 95.57. After that dollar recovered and the USD/JPY entered the channel mention above. For the day the pair has lost 0.72% keeping the yen strong.
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