Wall Street ends week with a sharp decline

  on

FXstreet.com (Córdoba) - Stocks fell sharply on Friday in the US erasing previous gains. The Dow Jones lost 0.94% and the Nasdaq fell 1.24%. Both indexes finished lower for the week.

Crude oil fell to a 2-week low and found support at $78.00. The barrel ended the week with an important decline after rising in the last four weeks. Gold fell moderately on Friday and managed to finish the week above $1,130 an ounce.

The Dollar completed the day with gains and the week mix across the board, but far from the lows. EUR/USD ended below 1.4400 after being unable to consolidate on top of 1.4500. GBP/USD weakened on Friday and pulled back but finished the week with gains. The Yen ended with considerable gains against majors. USD/JPY fell from 92.50 to finish below 91.00.

.

Join the Discussion