For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar fell versus most major currencies due to increase in risk appetite, boosting demand for higher yielding assets. At the same tone, the Chinese GDP Q4 came out better than expected at 8.9% vs. the 8.7% forecast. US Stock index futures rose as French borrowing costs fell in the first sale of bills since Standard & Poor's downgraded the country's credit rating. Oil rebounded by 1.00% from a three-week low after Iran said a disruption to crude supplies through the Strait of Hormuz would cause a shock to markets that "no country" could manage and closed at $99.60 a barrel. Gold (XAU) rose by 0.90%, to close at $1653.00 an ounce. Today, the Empire State Manufacturing Index is expected with 10.80 versus 9.50 previously.
