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UFXMarkets -Daily Gold & Forex Trading News-05-January-2012

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For more Forex news & info, please visit The US Dollar posted gains versus most major currencies as risk sentiment deteriorated and market focus returned to Europe’s debt crisis after a German Bond auction. Factory Orders came out at 1.8% worse than the expected 1.9%. Stocks closed almost unchanged after a strong rally the previous session. The NASDAQ fell by -0.01% and the Dow Jones added 0.17% to its value. Crude Oil surged to the area of $103.70 after European Union governments moved towards sanctions on Iran, limiting purchases from Iran.

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