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American equity markets open softly Monday

FXstreet.com (Barcelona) - The US stock market opened lower Monday, despite highly reduced volumes and muted trading. In the United States, the Chicago Fed National Activity Index (April) came in at -0.53, compared to figure of -0.23 in the previous month.

Beginning with the indices and composites, the NASDAQ fell -0.08% as it settles in region of 3496.54, down -2.68 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1666.35, descending -1.07 points or -0.06% at the time of writing. Finally, the Dow Jones has edged lower at the opening, trading in the zone of 15338.47, presently -0.10% after a movement of -15.93 points.

Sectors are nearly all mixed at the opening, however the Basic Materials and Technology sectors have distinguished themselves as the losers thus far, contracting -0.20% and -0.28% respectively. In other news, the price of crude is testing USD $95.34/bbl Monday.

EUR/JPY falls to session lows

The euro fell to a session low against the yen at the beginning of the American session, as US investors assess Japan minister Amari comments.
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GBP/JPY – 155.58 the low ahead of data packed week

The cross has dipped lower again in the US session extending losses when Japans economic minister said that the yens weakness could be ‘harmful’ to the economy.
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