FXstreet.com (Barcelona) - U.S stock markets are going through moderate gains at the opening times, cheered by better than expected quarterly earnings by Apple and Ebay. The Euro has lost most of the gains pocketed during the European session, Pound and yen remain in range.
Dow Jones Industrial Index remains edges up 0.18% while the Nasdaq Index adds 0.32% and the S&P Index trades 0.43% above its opening level minutes after the opening bell
Shares of Apple and Ebay have surged after their quarterly reports released larger then expected gains, while, in the macroeconomic front, U.S. jobless claims have risen by 27K to 640K on April 18 week.
Euro drops from intra-week high
Rejection at 1.3088 fresh intra-week high has triggered weakness on the Euro and the pair, below 1.3035 level to a minimum level of 1.3000. At the moment the pair is attempting to pick up and return towards 1.3035.
GBP/USD remains unable to break through the downward trending resistance line off 1.5065 high on April 16, actually around 1.4565. The pair has been trading between 1.4515 and 1.4595 since early European session.
USD/JPY has rallied on European session up to 98.45 resistance level although the pair seems unable to break above there and remains sideways between 98.20 and 98.45 for the last hours.
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