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US equities experience soft opening, USD trades flat

FXstreet.com (Lisbon) - The US stock market experienced a rather tepid opening Wednesday in the absence of any meaningful economic indicators and with the Syrian situation alleviating risk aversion.

Beginning with the indices and composites, today the NASDAQ fell -0.29% as it settles in region of 3718.58, down -10.98 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1683.15, descending -0.73 points or -0.05% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15219.80, presently +0.09% after a movement of +28.74 points.

Moving to commodities, the price of gold has settled at $1362.47 per oz., while silver is now negotiating a spot price of $23.10 per oz. Wednesday.

In terms of FX, the EUR/USD is now trading at 1.3271 (+0.01%), the USD/JPY has settled at 100.15 (-0.21%), the GBP/USD at 1.5794 (+0.37%), and the USD/CHF at 0.9338 (-0.11%).

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NZD/USD rebounds above 0.7920 averted an early slide and have allowed for another sharp squeeze within what is now seen as a broad, volatile but corrective trading range, suggests Tim Riddell, Head of Global Markets Research at ANZ.
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