UFXMarkets -Daily Gold & Forex Trading News-25-January-2012
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- For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar finished mixed versus the majors, gaining versus the Yen, weakening versus the Pound and unchanged versus the Euro. The Dollar strengthened during part of the trading day as Greek bondholders failed to reach a settlement on the debt swap plan which spurred some demand for safety. Stocks ended mixed with NASDAQ rising by 0.09% and Dow Jones declining by -0.26%. Apple's revenues which were reported after the end of the trading day beat estimates and could bring some positive momentum to tech stocks. Crude Oil declined by -0.44% closing at $99.14. Gold (XAU) declined by -0.80% closing at $1,664.90 an ounce. All eyes will be on the FOMC Interest Rate Statement later in the day, which is expected to remain unchanged at 0.25%.
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