FXstreet.com (Córdoba) - Stocks in the US finished at daily lows favoring the Yen and the Dollar during the American session that trimmed losses. EUR/USD pulled back to 1.2215 and moved away from 1.2300 (daily high). GBP/USD found support at 1.4730 after being unable to hold above 1.4800. USD/JPY tumbled to 91.40 and the recovery of the Dollar has been capped so far by the 91.55 zone.

"Despite of the optimism spread on a global scale today due to cheerful data released from the world's superpower and the EU, still the U.S stocks erased gains and fluctuated throughout the closing session, having the Standard & Poor's 500 Index failed to remain above 1,100, as fears were re-created after that Greece's credit rating has been downgraded to boost further uncertainties regarding the unsolved debt crisis on the EU soil", the ecPulse.com Analysis Team said.

The Dow Jones lost 0.20% and the Nasdaq gained 0.02%. Gold is consolidating losses but managed to rise back above $1,220 an ounce.