FXstreet.com (Córdoba) - Wall Street ended in positive near the highs of the session after moving between gains and losses. The Dow Jones rose 0.50% and the Nasdaq gain 0.49%. Crude oil futures continue to trade at the lowest level in two months. Dollar weakened in the last hours and now is falling for the first time in four days.
Stocks in the U.S. rose despite global fears and a drop in European and Asian markets. Gold fell to 1,116 (intra-day low) and currently trades at 1,126 a hundred dollars below record highs that were achieved last week.
Greenback also moved most of the day between gains and losses against majors. The late rally in stocks put pressure to the Dollar that moved away from near the highs to the negative side.
EUR/USD is back above 1.4700 and trades near at 1.4726/30, 0.18% on top of today's opening price. The pair is rising after falling 350 pips in the last three days. GBP/USD jumped above 1.6200 to 1.6280 as the pair continues to recover after falling to 1.6165, the lowest price since October 15. The yen is consolidating moderate gains across the board. USD/JPY is steady around 87.85.