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US markets trading mixed, dollar firmly up

US shares keep the buoyant tone on Wednesday, hovering over all-time highs with the exception of the tech sector, down 0.12% as of writing. Positive data from the US ADP report and the Factory Orders have also collaborated with the upbeat momentum. The greenback is inching higher, trading in session highs propped up by the increasing risk aversion.
DowJones is now advancing 0.27% followed by the S&P500, 0.07%.

European bourses closed in red on Wednesday after posting multi-year highs, with the exception of the German benchmark, advancing 0.62%. Markets remain focused on tomorrow’s BoE and ECB meetings ahead of Friday’s Payrolls. The IBEX35 led the losses, down 0.76% on the day while the CAC40 and the FTSE100 retreated 0.35% and 0.07%, respectively.

Commodities are trading mixed, with the WTI falling below the $90 mark, down 1.20% and the ounce of the precious metal is posting marginal gains at $1574 or 0.01%.

Forex: EUR/USD finds support at 1.2980

The single currency keeps hovering hover weekly lows around 1.2980/85 on Wednesday, in a context dominated by the risk aversion as we get closer to tomorrow’s ECB monthly meeting...
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Forex: USD/CHF threatens daily highs

As the dollar continues to benefit from the broad cautious mood, USD/CHF has continued to advance during the New York session, and recently reached its highest level in almost 4 months at 0.9480.
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