UFXMarkets -Daily Gold & Forex Trading News-28-December-2011
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- For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The dollar weakened slightly versus most major currencies after CB Consumer Confidence came out stronger than expected, raising demand for higher yielding assets. The NASDAQ gained by 0.25% and the Dow declined by -0.02%. Crude oil gained by 1.60% to close at a 6-week record high of $101.25 a barrel following Iranian threats to shutdown oil production and exports. Gold fell to close at $1,592.80 an ounce. No major economic data is expected today.
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