USD Dollar (USD), Daily Review, August 24th 2010

24 August 2010 @ 06:24 am EDT

The Dollar gained against most of its majors as risk aversion continued amid fears that the rate of global economic growth is slowing down. The NASDAQ and Dow Jones weakened by 0.92% and 0.38%, respectively. Crude oil weakened by 1.0% to close at $73.10 a barrel, and Gold (XAU) declined by 0.05%, closing at 1$228.50 an ounce. Today, Existing Home Sales are expected to weaken from 5.37M to 4.68M.

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