FXstreet.com (Córdoba) - The report suggesting that the U.S. economy is growing again fueled stocks. The Dow Jones rose 200 points and the S&P500 jumped 2.25%. Dollar is sharply down for the day but in the last hours moved away from the lows. The Yen is the worst performer of the day so far.
Wall Street had the best day in months and rose for the first time in the week. Commodities also rose with crude oil regaining prices above $80 a barrel. Gold is rising $17 to $1,047 an ounce.
EUR/USD peaked at 1.4860 and then pulled back finding support at 1.4825. The pair is rising after four days with losses. GBP/USD failed to break above 1.6600 and fell to 1.6520. USD/JPY trades near intra-day high that lies at 91.60. The Yen is falling sharply across the board giving up yesterday's gains.