XAU traded at record high of 891.40 as stock prices rebound U.S. Dollar Trading (USD) was revived overnight as a number of majors lost ground versus the greenback. Much of the dollar strength was attributed to St. Louis Federal Reserve Bank President William Poole, who said the dollar won’t “go way south” and predicted that economic growth will accelerate as the year progressed. In U.S. share markets the NASDAQ was higher on Wednesday, up by 98.61 points (+1.06%) whilst the Dow Jones followed





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Author:
Easy Forex
Time:
Thursday, January 10th, 2008 at 3:57 am
Category:
FXstreet Technical Market View
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