UFXMarkets -Daily Gold & Forex Trading News-18-January-2012
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- For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar traded mixed versus most major currencies due to positive US economic data and the Spanish and Greek borrowing costs decreased at auctions. At the same time, Manufacturing in the New York region expanded by 13.5, the highest level since April. In addition, the Chinese GDP Q4 came out better than expected at 8.9% vs. the forecast 8.7%. The growth rate was still the nation's slowest since 2009, fueling speculation that China may move to stimulate its economy.
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