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The European stock markets are just now drawing to a close and it has been a positive run into that close for the major indexes. That has seen the FTSE 100 close near 8,550 and the CAC 40 post something close to 7,775. The DAX has just set a first ever close above 21k. The Index narrowly avoided that yesterday, but it certainly has not today. The push higher across the European markets comes as the US markets continue to press higher too, led by gains in the Dow Jones, rising above 43,900 just now. The gains in stocks is undermining the dollar some more and the GBP/USD is back above the 1.23 handle, as the EUR/USD lifts to an afternoon high at 1.0418. The DAX has just closed around 21,040. A more exact closing level will follow tomorrow
The dollar just got slapped and in truth probably due to comments from the Fed boss, Jerome Powell. So, as expected and warned about a few times today...
The dollar is losing some more ground right now and that has seen the EUR/USD push back above 1.1610. The GBP/USD is also close to session highs seen...
Those US data releases have just been released and it has been a mixed set of data. The Richmond Fed index improved to -7, but the nationwide consumer...
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