FXstreet.com (Córdoba) - U.S. markets soar today and have been able to maintain its gains through the session. The Dow Jones Industrial Average is rising almost 200 points to 8404 and the S&P 500 recently climbed above 900 for the first time since January. Markets are extending the optimism about economic future.

This moved increase risk appetite across the board generating a big increase in European currencies which have been trying to break important levels. EUR/USD hasn't been able to consolidate above 1.3400. Now the pair is at 1.3380; 0.88% up for today. Since one hour before the opening bell at Wall Street the pair has been moving in an up trend. The euro has lost some moment after failing to stay above 1.3400. At 1.3425 the pair reached the highest since April 6.

For more information, read our latest forex news.