UFXMarkets -Daily Gold & Forex Trading News-29-November-2011
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- For more Forex news & info, please visit http://ufx.co/UFXM-youtube... USD Dollar (USD) -- The US Dollar was inconstant against the major currencies as this week brought a strong start to the stock markets after the US shopping season and Thanksgiving Day, causing higher yielding currencies to be more attractive. Wall Street closed positive as the NASDAQ jumped by 3.52% and the Dow Jones by 2.59% respectively. Crude oil rose by 1.5% following positive momentum on Wall Street, closing at $98.20 a barrel. Gold (XAU) increased by 1.50% and finished at $1710 an ounce. Today, the CB Consumer Confidence is expected to rise from 39.8 to 43.9.
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