Binary Options Daily Review July 29, 2010

Posted by Joe on Thursday, July 29, 2010 · Leave a Comment 

SPOTLIGHT

Oil prices rise on weaker dollar

Oil futures were up in Asia Thursday, supported by weakening dollar and signs of U.S. gasoline demand.

U.S. stocks fall

U.S. stocks fell Wednesday after downbeat economic reports had Wall Street second-guessing expectations for economic growth in the second quarter, with that data coming in two days.

The dollar slips

The dollar slipped on Wednesday after the U.S. Federal Reserve’s Beige Book underscored the fragility of the U.S. economic recovery and durable-goods orders showed an unexpected June drop.

Gold makes a minor comeback

Gold made a minor comeback Wednesday as the previous session’s three-month low enticed a few bottom fishers.

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