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Markets up on better data, dollar advances

FXstreet.com (Edinburgh) - Shares in the US trading floor are posting marginal gains on Wednesday, bolstered by the upbeat results from the US docket. The greenback, gauged by the US Dollar index, is following suit, recovering from session lows to print highs near 80.80. As of writing DowJones is up 0.03% followed by the S&P500, 0.11% and the Nasdaq, 0.43%.

Markets in Euroland closed in a ‘sea of green’ on upbeat data from the German consumer confidence tracked by the Gfk Survey and decent US data. The DAX closed at all-time highs, advancing 0.66%. The IBEX35 gained 0.87% and the CAC40, 0.36%. The single currency is now alternating gains with loses around 1.3570, coming down from fresh 4-week highs beyond 1.3610.

In the commodities’ space, the barrel of WTI is plummeting 1.78% around the $92 mark while the ounce troy of gold is losing 0.24% at $1,238.

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