Data on the American economy sustain markets

FXstreet.com (Barcelona) - although US GDP.USA in the first quarter and housing sales have been lower than forecast, the market participants seem convinced of the direction of the economy and the recovery, improving sentiment and pushing rates to reverse a negative session start. The greenback, meanwhile, operates at the lows of the day and threatens to punch the key support of 83.00.

DowJones advances 0.53% followed by the Nasdaq and the S & P500, gaining 0.92% and 0.69%, respectively. Bags in Europe have corrected the losses of yesterday with the exception of the benchmark Spanish, retreating 0.10% on the day. Just as at the American meeting, US data.UU have served as a trigger of the optimism among operators, pushing rates on the rise. The DAX has been the best performance, rising 0.76%, and seconded by the CAC40, 0.66% and then the FTSE100, 0.45%.

Positive day for the common currency, climbing more than 100 pips from the lows of the session at 1.2940 region until the current 1.3050/55. The gold troy ounce advances forcefully 1.51% at $1,412. Barrel of WTI crude follows the same path, increasing 0.39% at $93.49.