Dollar plunged as Wall Street ended a great July

FXstreet.com (Córdoba) – Markets in US finished mix on Friday. The Dow Jones rose 0.20% and the Nasdaq fell 0.30%. Both indexes ended the week in positive and the Dow Jones finished July with the highest monthly increase since 2002. Gold and oil rallied today rising 2% and 3.75% respectively, after a collapse in the price of the Dollar. Greenback fell across the board losing previous gains and ended near multi-month low.

EUR/USD rallied during the American session rising more than 150. The pair failed to break above 1.4300 but erased previous losses and ended the week with gains for the third time in a row.

GPB/USD jumped above 1.6700 posting a fresh one-month high. The pair rose more than 200 pips after the opening bell at Wall Street and finished the day above 1.6700 for the first time since October 21 of 2008.