FXstreet.com (Barcelona) - Stock markets in the U.S. are going through gains in the at the opening buoyed by a string of better than expected corporate earnings news. Euro and Pound are rallying in early U.S. session.
Dow Jones Industrials trades 0.62% above its opening level, while the Nasdaq Index adds 0.69% and S&P Index trades 0.63% above its opening level.
Ford, American Express and Microsoft shares have risen after releasing positive earnings results in the 1Q. On the macroeconomic front, U.S. Durable Goods Orders have declined 0.8% in March instead of the 1.5% drop forecasted by analysts.
Euro appreciates and Pound rockets
The Euro has broken intra-day high at 1.3370 to reached a new two-weeks high at 1.3300, to set back again to levels right below 1.3270. At the moment the Euro trades at 1.3265; 1.0% above its opening level.
The Pound has recovered strongly after Darling's comments on confidence on UK economy, and the Pound has soared almost 200 pips higher to reach above yesterday's high at 1.4740.
USD/JPY has also appreciated on U.S session, and, after crossing above 97.15 minor resistance level, trades around 97.40 on its way towards resistance area at 97.60.
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