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Wall Street rises, US dollar hit fresh highs

FXStreet (Córdoba) - Despite moving off session highs, US stocks were rising on Tuesday, ahead of key economic data and as the Federal Reserve meets. European markets finished with modest gains.

Among indexes, the Dow Jones was up 0.15%, back above 17,000 while the Nasdaq was rising 0.34%. In Europe, the FTSE 100 closed with a gain of 0.29% while the Dax rose 0.58%.

The US dollar was rising across the board and reached fresh highs during Wall Street. Gold was trading near the lows, below $1,300, after making a sharp reversal from 1-week highs while crude oil was falling almost 1%, with the barrel under $101.

GBP/USD is weak ahead of trend support - BMO Capital Markets

Stephen Gallo, European Head of Currency Strategy at BMO Capital explains some of the current conditions around Sterling.
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EUR/USD technicals are bearish short term

EUR/USD is trading at 1.3411, down -0.21% on the day, having posted a daily high at 1.3445 and low at 1.3404.
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