For more Forex news & info, please visit http://www.ufxmarkets.com... The US Dollar strengthened versus most majors due to concern that Italy will struggle to form a new regime strong enough to implement the austerity measures it promised the European Union. Wall Street closed negative as NASDAQ plunged by 3.88% and the Dow Jones by 3.20%. Crude oil decreased by 1.1%, closing at $95.74 a barrel. Gold declined by 0.40%, closing at $1791.60 an ounce.
