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DAX edges back after lifting above 22,200 in early trading
The European stock markets have just now reopened for the final live trading session of the week and it has been a positive start to the day. As expected the DAX opened higher and pushed above 22,200 in very really trading. The FTSE 100 is lagging that though and perhaps the delayed gains in the GBP/USD is holding it back? The GBP/USD has now managed to rise further after the delayed reaction seen immediately after the release of the latest UK retail sales data. The GBP/USD was tediously slow to react to that, but it has now done as it should and pressed higher. The EUR/USD has bounded too and once again, so far rejected a potential fall below the 1.13 handle. The DAX is just backing off a little after the early push higher, to just above 22,210. The index is right now at 22,180
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