USD Dollar (USD), Daily Review, August 23rd 2010

23 August 2010 @ 05:48 am EDT

The Dollar continue to rise against other major currencies on Friday as fears that the global economic recovery is slowing down after worse than expected U.S. jobless claims that rose to their highest level since November 2009 on Thursday ,causing investors to sell risky assets and to stick with the Dollar. NASDAQ strengthened by 0.04% and Dow Jones weakened by 0.56%. Crude oil weakened by 1.3% closing at 73.4$ a barrel and Gold (XAU) declined by 0.5%, closing at 1228.8$ an ounce. No economic data expected today.

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