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Markets advancing, USD above 80.00

FXStreet (Edinburgh) - Equities in the US markets are closing the week in an upbeat mood despite today’s softer than expected consumer sentiment tracked by the Reuters/Michigan.

AS of writing the DowJones is up 0.22% followed by the S&P500, 0.37% and the Nasdaq, 0.08%. The greenback, gauged by the DXY is recovering from Monday’s deep sell-off, trading above the 80.00 figure and advancing for the fourth consecutive session.

The main indices in Euroland closed in a ‘sea of green’ following the better print from the EMU’s Consumer Confidence, with the DAX advancing 1.44%, followed by the IBEX35, 1.27% and the CAC40, 0.74%. The single currency is trading almost unchanged, with the EUR/USD back to the mid-1.37s after a failed attempt to follow through 1.3780.

In the commodities’ land, the ounce troy of gold is posting marginal losses, wobbling around $1,300. The barrel of crude oil is up 0.35% at $101.60.

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