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31 Jul 2014
US stocks down sharply, major currencies steady
FXStreet (Córdoba) - Wall Street was ending July with important losses while European markets finished sharpy in negative. The FTSE 100 lost 0.64% while the Dax tumbled 1.95% and the Cac 40 1.54%. In the US the Dow Jones was falling 1.23% and the Nasdaq was down 1.63%.
Despite the decline in equities, major currencies remained steady. The US dollar was consolidating weekly gains ahead of the NFP to be released tomorrow. The best performer was the Canadian dollar, supported by economic data from Canada.
Gold was falling 1%, bottomed at $1,281 hitting the lowest price in a month. Crude oil was tumbling almost 2% with the price of the barrel trading below $98.50.
Despite the decline in equities, major currencies remained steady. The US dollar was consolidating weekly gains ahead of the NFP to be released tomorrow. The best performer was the Canadian dollar, supported by economic data from Canada.
Gold was falling 1%, bottomed at $1,281 hitting the lowest price in a month. Crude oil was tumbling almost 2% with the price of the barrel trading below $98.50.