UFXMarkets – Currencies & Commodities Trading News-16-November-2011

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For more Forex news & info, please visit http://www.ufxmarkets.com… The Dollar advanced against the major currencies as positive data from the US came out better than expected. Retail Sales came out at 0.5% vs. 0.3% and Core Retail Sales at 0.6% vs. the expected 0.2%. Empire State Manufacturing Index released positive at 0.6 vs. the forecasted -2.0. Wall Street closed positive as NASDAQ increased by 1.09% and the Dow Jones by 0.14%. Crude oil rose by 1.3%, closing at $99.37 a barrel. Gold increased by 0.20%, closing at $1782 an ounce. Today, CPI is expected at 0.0% vs. the forecasted 0.3% and Core CPI expected to remain unchanged at 0.1%.

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