S&P 500 extends gain to 70 points ...Middle East

The mood in markets continues to improve with the S&P 500 now up 70 points, or 1.6%.Meanwhile, the US dollar is still some distance from its lows. The exception is USD/CAD, which is now down 94 pips as oil prices hit a high for the day, up $2. This article was written by Adam Button at www.forexlive.com.

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