UFXMarkets -Daily Gold & Forex Trading News-30-January-2012
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- For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The Dollar weakened against the other majors following the Federal Reserve's pledge to keep interest rates low until late 2014. Wall Street closed mixed as S&P decreased by 0.16% and Nasdaq rose by 0.40%, Crude oil jumped to its highest level since August and amid signs Greece is nearing an agreement with its creditors, closed at $99.56 a barrel. Gold (XAU) strengthened by 0.30%, reaching its highest price in the past six weeks, to finish at $1732.20 an ounce. Today, the Core PCE Price Index m/m is expected to come out 0.10% unchanged, Personal Spending at 0.20% vs. 0.10% and Personal Income at 0.40% vs. 0.10%.
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