Daily Free Urdu Horoscope 2013

By | March 20, 2016

UFXMarkets Daily Forex Currency Trading News 28May2012

Hello, it's Monday, May 28, 2012, and I'm Martin Smith with the daily outlook from UFX Markets. Wall Street closed the trading week negative as the NASDAQ fell by 0.40 , closing at $2,524. The Dow lost 0.75 of its value, closing at $12,428 and the SP declined by $0.45, closing at $1,321. The US Dollar declined versus most major currencies on speculation the Chinese government will accelerate its infrastructure projects in order to bolster growth, while concerns over Greece's departure from the currency bloc eased, making higher yield assets the more.

Attractive. U.S. financial markets are closed today for the Memorial Day holiday. Gold gained by 1.09 closing at $1575 an ounce, while crude oil advanced for a third day by 1.01 to close at $91.50 a barrel. Oil prices rose due to the lack of progress in negotiations with Iran over its disputed nuclear program. Trading below the resistance level of 1.2620 will keep the momentum of the pair negative, and the pair may again test its strong support level of 1.2500. Overall, the EURUSD traded with a low of 1.2495 and a high of 1.2595.

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