FXstreet.com (Barcelona) - Finally stocks close to the downside in Wall Street Monday, printing a small 0.1% loss after four positive sessions. Stocks had gained through the early afternoon on a rally in bank shares and some upbeat comments from Federal Reserve Chairman Ben Bernanke. But the advance lost steam late in the afternoon. Despite some optimism in the market, investors are still reluctant to hold risky positions and tend to take profits quickly.
Euro and Gbp are closing the American session up against dollar, but far from the highs accomplished during the European session, following stocks. Euro failed to stay above the 1.3000, while Gbp also retreated substantially from its high at 1.4230 as the session progressed. Japanese Yen however, remains above the 98.00 level and seems hard to see the currency regaining bullish strength. Swiss Franc refuses to correct more than at 1.1800 against dollar, after past Thursday government intervention.