For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar gained versus most majors as risk aversion rose following Moody's announcement that it will review all EU Nations credits after Friday's summit, which failed to create decisive steps to end the debt crisis in Europe. Stocks fell after Moody's announcement and Intel's profit warning fueled declines. The NASDAQ dropped by -1.31% and the Dow Jones by -1.34%. Crude Oil declined by -1.54%, closing at $97.87 a barrel. Gold (XAU) dropped by 2.85% closing at $1,663.90 an ounce. Today, Retail Sales are expected with 0.6% versus 0.5% previously, while Core Retail Sales are expected at 0.5% versus 0.6% previously. The main focus will be on the FOMC Interest Rate Decision, which is expected unchanged at 0.25%.
