Daily Gold and Forex Trading News — February 13th 2012
Feb 13, 2012
The US Dollar strengthened versus most major currencies as risk aversion grew following S&P’s downgrade of Italian banks, and in spite of Greece passing the package of cuts needed to complete the next step towards securing the second bailout. Wall Street closed negative as the Dow declined by 0.69% and the NASDAQ by 0.80%. Crude oil fell by 0.90% to close at $99.00 a barrel. Gold (XAU) fell by 0.60%, to close at $1721.00 an ounce. No economic data is expected today.
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