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European indices close the day with mixed results

Started by forex4you, Feb 05, 2023, 09:08 am

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European indices close the day with mixed results

<p>The major European <a href="" class="terms__secondary-term" id="eb50e0fb-8258-4e43-80e6-8831246f8b37" target="_blank">indices</a> are ending the day with mixed results:</p><ul><li>German DAX, -0.21%</li><li>France's CAC, +0.94%</li><li>UK's FTSE 100, +1.04%</li><li>Spain's Ibex, -0.04%</li><li>Italy's FTSE MIB -0.56%</li></ul><p>For the UK FTSE 100, the price moved above the old all-time high from 2018 at 7903.50. The intraday high price reached 7906.58 before rotating back to the downside in closing minutes, and just below that all-time intraday high. Nevertheless, the close at 7901.81 was above the previous all-time close at 7877.97.</p><p>For the trading week:</p><ul><li>German DAX rose 2.15%</li><li>France CAC rose 1.93%</li><li>UK FTSE 100 rose 1.76%</li><li>Spain's Ibex rose 1.83%</li><li>Italy's FTSE MIB rose 1.97%</li></ul><p>A snapshot of other markets as London/European traders head for the exits shows:</p><ul><li>Gold down -$43 or -2.27% at $1869.23</li><li>Silver is down $1.01 or -4.37% at $22.40</li><li><a href="" class="terms__main-term" id="e1f1b115-23d2-48c8-98c8-24024dada457" target="_blank">Crude oil</a> is not following the stronger jobs/stronger growth idea and is down over $1.00 at $74.92</li><li>Bitcoin is trading little changed from the 5 PM ET level yesterday at $23531</li></ul><p>In the forex market, the USD is the strongest of the major currencies thanks to the stronger US data today. The NZD, AUD and JPY are the weakest.  </p>

                This article was written by Greg Michalowski at

Source: European indices close the day with mixed results
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