FXstreet.com (CÃ³rdoba) - The improvement in the manufacturing index was followed by a bad housing report. This increase uncertainty among investors. The stocks market and the commodities haven't moved in clear directions. Oil is fighting to stay above 50 dollars and the Dow Jones Industrial Average is now up only five points (8,035) after falling bellow 8,000. The situation also applies to the forex market.
The dollar after rising and falling against the EUR and JPY is now at the open price of the day. And is stronger to the Swiss Franc and GBP; 0.31% and 0.50% respectively. The trend in four hours chart favors for a stronger dollar and GPB.
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