FXstreet.com (CÃ³rdoba) - Markets in the US ended Thursday with moderate gains. Nasdaq and S&P500 finished above 2000 and 1000 respectively. Wall Street followed the result of European markets. The information about growth in Germany and France boosted markets but the weak report on retail sales in the US, changed the mood. The Yen rose across the board, particularly against Greenback. The Dollar ended the day in negative across the board, but managed to make a small recovery during the American session.
USD/JPY plunged on Thursday from 96.50 to 95.00. The pair started to fell during the European session and continue in that way after the opening bell at Wall Street. Dollar bottomed at 95.02 (intra-day low) and from there started to recover finding resistance at 95.45.
Greenback closed the day in negative against European currencies but during the American session recover part of earlier losses. EUR/USD current price at 1.4280/84 is the same the pair had at the begging of regular operations at Wall Street. The pair posted an intra-day high at 1.4325 but failed to hold above 1.4300 and fell to 1.4255. The pair is moving in a range with no clear direction. Similar situation applies to GBP/USD. The pair rose beyond 1.6600 but it was rejected and started to move to the downside at a slow pace. In the last hours the pair moved in a range between 1.6550 and 1.6585.