FXstreet.com (Barcelona) - U.S. markets have opened the first session of 2010 with advances beyond 1.0% as Fed officials suggest that interest rates will continue at low levels, and oil prices rally above $81, and the Dollar weakens across the board.

Dow Jones Indus trials Index advances 1.31%, while the Nasdaq Index adds 1.55% higher, and the S&P Index trades 1.35% higher in the first hour of trading

On the macroeconomic domain, U.S. ISM manufacturing PMI has increased to 55.9 in December, from 53.6 in November, beating experts' expectations of a milder increase to levels around 54.0.

Dollar continues weakening

EUR/USD decline from Dec 31 high at 1.4440 has found support at 1.4255 low on Asian session, and the pair has rallied during the day to reach session high at 1.4450, taking back all the ground lost Dec 31.

GBP/USD recovery from 1.6055 low on Asian session, has been capped at 1.6240 session high, right above Dec 13 high at 1.6235, and the pair has pulled back to 1.6140 ahead of the U.S. session opening.

USD/JPY rose during Asian session to a fresh 4-month high at 93.20 to pull down below 93.00 on European session and exttend decline to 93.35 low.