FXstreet.com (Córdoba) - Wall Street fell for second day in a row. The drop followed a decline in European markets. A surprise decline in home sales affected stocks and create concerns about a fast economic recovery, offsetting a better than expected report on jobless claims. The Dow Jones fell 0.42% and the Nasdaq dropped 1.12%. Crude oil collapse and fell 4.40%; the barrel ended at $66. Dollar rally across the boar eased in the last hours but remains near intra-day high, consolidating gains.
Dollar rose across the board during the American session and despite some recent correction, remains near intra-day highs. EUR/USD trades at 1.4650/55 and the pair is still moving with a downside bias. GBP/USD trades at 1.6051/57 which is 1.68% below today's opening price. The pair found support at 1.6120. Against the Yen, Dollar was unable to break above a key resistance zone at 91.50 - 91.65 but recover part of previous losses.