UFXMarkets -Daily Gold & Forex Trading News-1-February-2012
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- For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar traded mixed against the major currencies after pared earlier losses as stocks fell after consumer confidence and business activity in the U.S. was weaker than forecast in January. Consumer confidence unexpectedly dropped to 61.1 as gas prices picked up and more Americans said jobs are hard to get. Wall Street closed mixed as the S&P decreased by 0.05% and the Nasdaq rose by 0.07%. Crude oil closed at $98.30 a barrel, and Gold (XAU) finished at $1737 an ounce.
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