FXstreet.com (Córdoba) - Wall Street is showing important gains on Monday, following European markets that rose more than 1.60% on average. The Dow Jones is rising 1.45% and is back above the 9800 zone. The Nasdaq is rising further, 2.10%. Dollar weakened after the opening bell across the board but in the last hours recovered and now is testing intra-session highs.
EUR/USD fell to 1.4595 but rebounded and rose to 1.4625. Now the pair is falling again and is testing the support at 1.4600. GBP/USD failed to hold above 1.5900 and fell finding support at1.5850. Greenback is now testing the lows of the American session.
The Yen is holding gains against European currencies but to the Dollar is losing early gains. USD/JPY is now above 89.50 and the pair is heading toward the resistance zone at 89.70.