FXstreet.com (Córdoba) - Wall Street rose to fresh highs for the current year on an abbreviated session. The bigger-than-expected drop in jobless claims helped stocks reached new 15-month highs in the U.S. The Dow Jones rose 0.51% and the Nasdaq gained 0.71%. Crude oil finished above $77 a barrel and gold rose back above $1,100 an ounce.
The ecPulse.com analysis team affirms: U.S stock managed to add points in the final trading day before Christmas Holiday reaching 15 month high due to the bigger than expected drop in jobless claims along with durable goods excluding transportations that topped market expectations, about 1.56 billion shares traded in the U.S which is 74% lower than the same time a week ago due to the holiday.
Dollar pulled back from the lows of the day and rose during the American session. For the day Greenback finished mix across the board on a low volume session.
Currencies ties to commodities ended mix on Friday. The Canadian Dollar pulled back slightly ending a four day rally against the Dollar. AUD/USD rose for the second day in a row but finished below 0.8900. NZD/USD posted moderate gains and ended on top of 0.7050.