US stocks decline, Europe falls again

FXStreet (Córdoba) - Wall Street is falling on Thursday, weakened by risk aversion and affected by a plane crash in Ukraine. European stocks finished lower for the second day in a row.

Among country indexes, the UK FTSE 100 slipped 0.69% while the Germany's Dax edged down 1.07%. The France’s Cac 40 lost 1.21%. Italy’s FTSE MIB tumbled 2.22% while Spain’s IBEX 35 fell 1.18%. In Wall Street stocks moved off lows during the last hour. The Dow Jones was down 40 points or -0.23% while the Nasdaq was falling 0.56%.

In the FX market, the USD was consolidating gains versus European currencies while commodity currencies were stable, trading with minor changes. The best performer was the Yen, supported by risk aversion and falling US government bonds. Gold and crude oil were rising 1.30% and 1.60% respectively.

USD/JPY could be a buy medium term?

USD/JPY is trading at 101.36, down -0.30% on the day, having posted a daily high at 101.71 and low at 101.25.
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Analysts at TD Securities explained the outlooks of the Canadian dollar and its crosses in a snap shot.
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