UFXMarkets - Daily Gold & Forex Trading News 22-December-2011

The US Dollar traded mixed against most major currencies after bad economic data. Wall Street closed mixed as the Dow Jones rose by 0.03% and the Nasdaq fell by 0.99%. Crude oil jumped by 1.5% closing at $98.60 a barrel. Gold (XAU) fell by 0.30%, finishing at $1613 an ounce. Today, Initial Jobless Claims is expected to come out 375K vs. 366K previously and GDP is expected unchanged at 0.2%.