FXstreet.com (CÃ³rdoba) - Markets in the US ended with gains on Thursday. The Dow Jones rose 0.40% and the Nasdaq 0.15%, on a volatile session with thin volume. A report indicating that an important number of banks remains with problems introduce concerns on the recovery of the financial system. Despite that information markets and crude-oil managed to end in the positive side. The Dollar fell sharply across the board during the American session. The Swiss Franc was the best performer.
Greenback rallied downside across the board. EUR/USD jumped from 1.4275 to 1.4400. The euro failed to break above but is holding on top of 1.4350. GBP/USD also rocketed rising from 1.6155 to 1.6300 in a few minutes. The pair rose on Thursday after four days with losses.
The Swiss Franc was the best performer of the day. USD/CHF fell to the lowest level of the year during the American session at 1.0530. The pair then recovered but remains below 1.0600 still under pressure.
The Yen rose against the Dollar during the American session. USD/JPY fell to a one-month low at 93.25. Greenback is now recovering and is testing levels above 93.55. The Japanese yen ended the day with small gains to European currencies, after losing ground during the American session. GBP/JPY closed on Thursday at the lowest level since July 13. EUR/JPY rebounded at 132.80 and rose above 134.00.