For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar continued to weaken against the major currencies as US stocks and commodities closed higher on speculation that the Bank of China may move further to spur global growth. Wall Street closed positive as the S&P increased by 0.89% and the Dow Jones by 0.56% respectively. Crude oil increased by 0.90%, closing at $102.40 a barrel. Gold (XAU) rose by 1.50%, reaching the highest price in the last month, finishing at $1631 an ounce. Today, the Beige Book will be released.
