FXstreet.com (Barcelona) - U.S. markets are going through moderate advances in the first hour of trading after an slightly softer opening. The Dollar remains stronger against Pound and Yen.
Dow Jones Index edges up 0.25%, while the Nasdaq Index trades 0.35% up, and the S&P Index trades 0.22% higher.
On the macroeconomic front, U.S. Trade gap has narrowed 3.6% in August, to $30.71 billion from $31.85 billion the month before, downwardly revised from the $31.96 billion initially estimated.
Dollar, slightly higher against majors
GBP/USD attempt to pick up from 1.5935 during European session has been capped at 1.6000, and the pair declined to intra-day low levels around 1.5905 at the moment of writing.
USD/JPY upside reaction from 88.15 low on Thursday has extended above 89.40 and the pair reaches session high at 89.55 at the time of writing.
EUR/USD remains trading in a range from 1.4710 t00 1.4770 after its retreat from 1.4820 on Thursday.