Wall Street closes higher on Japan plan but focus on jobs report

FXstreet.com (San Francisco) - The US stocks market closed higher on Thursday as investors accepted with good mood the Japanese aggressive Japan stimulus plan. But market was disappointed from weak Jobless claims report and concerned about tomorrow's US employment report.

The Dow Jones advanced 55.76 points or 0.38% to end the day at 14,606.11. The S&P 500 added 6.29 points or 0.40% to finish at 1,559.98. The Nasdaq Composite gained 6.38 points or 0.20% to 3,224.98.

Apr 4, 2013

Forex: EUR/JPY extends advance to 3-week highs at 124.55

The impressive Euro rally against the yen has continued after a brief period of consolidation between 123.90 and 123.45 with the pair extending to 124.55, highest since March 15, the bullish movement started at 119.20 following the BoJ policy decision.

Forex: Euro reacts fury to Draghi's speech and rises fast; BoJ's victory

The Euro was the currency winner of the Thursday session as Mario Draghi took the scene and defends Open Market Transactions and dismissed the redenomination risk set off a serious squeeze. Then, market considered that the single currency was too cheap compared to the Greenback or the Japanese yen.