USD Dollar (USD), Daily Review, July 29th 2010

29 July 2010 @ 05:20 am EDT

The Dollar was mixed against other major currencies after worse than expected U.S. data on durable goods orders that came at -0.6% vs. 0.6% forecast, leaving traders clueless of the market direction. NASDAQ and Dow Jones declined by 1.04% and 0.38% respectively. Crude oil weakened by 0.7% closing at 77$ a barrel. Gold (XAU) strengthened by 0.2% closing at $1160.4 an ounce. Today, Unemployment Claims are expected to weak from 464K to 457K.

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