FXstreet.com (Córdoba) - Markets in the U.S. ended Friday with moderate gains. The Dow Jones Industrial Average rose 0.35% on Friday and more than 2% form last week. Main stocks indexes also finished close to the highest level since October of 2008.
The Dollar finished slightly up on the last day of the week. During the American session moved sideways across the board. Cable was the worst among currencies, falling to a 2-week low against the Dollar and to a 4-month low to the Franc and the Euro.
Greenback failed to hold below 1.4700 and lost previous gains to the Euro. The pair ended down for the day but during the week gain more than 100 pips, accumulating an increase of 400 pips for the current month.
USD/JPY moved sideways during the American session between 91.00 and 91.50. Greenback failed to break above 91.60 and remains near multi-month lows. The Euro rose only a few pips against the Yen on Friday. EUR/JPY rose everyday of the week rising from 131.00 to 134.80.