FXstreet.com (CÃ³rdoba) - U.S. markets rose again extending its rally. The S&P500 posted fresh 2009 highs and the Dow Jones rose ending above 9600 points. Crude oil also rose closing at $72 a barrel and is getting closer to the highest level of the year. Dollar weakness across the board continues and fell to fresh multi-month lows.
EUR/USD rose above 1.4600 for the first time since December and on Thursday closed at the highest level since September 26 of 2008.
Cable is also joining the rally against the Dollar. GBP/USD jumped to 1.6685 and posted one-month high. Currently the pair is holding above 1.6650.
USD/JPY fell below previous multi-month low to 91.41 before the opening bell at Wall Street . Greenbacks tried to recover but rebounded at 92.00. The pair remains under pressure.