FXstreet.com (Córdoba) - Stocks rose sharply in the U.S. The Nasdaq rose to fresh year highs and finished with a gain of 1.17%. Gold fell to fresh lows for the month and trades below $1,100. The Dollar extended it gains during the European session rising to fresh mutli-week highs against EUR, JPY and GBP. Long-term treasuries tumbled on Monday sending the gap between short and long term notes to a new record high.

EUR/USD trades below 1.4300 and recently fell to 1.4267. GBP/USD trades at two-month lows. USD/JPY is consolidating above 91.00 and currently is hovering around 91.20. USD/CHF was rejected from levels below 1.0400 and rose back above 1.0450.