UFXMarkets -Daily Gold & Forex Trading News-01-December-2011
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- For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar fell versus most of the other majors after six central banks led by the Federal Reserve made it cheaper for banks to borrow dollars in emergencies in a global effort to ease Europe's sovereign-debt crisis. Wall Street ended on a positive note as the NASDAQ jumped by 4.17% and the Dow Jones gained by 4.24%. Crude oil rose by 97 cents closing at $100.38 a barrel. Gold increased by 30% and finished at $1746 an ounce. The Crude Oil Inventories came out 3.9M higher than expected.
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