USD Trading Outlook (06-10-2010)
U.S. Dollar Trading (USD) a major global equity rally sparked by the cutting of Japan&rsquo s interest rates accelerated during the New York session after the release of strong US economic data. September ISM Services 53.2 vs. 51.5 previously. In US stocks, DJIA -78 points closing at 10751, S& P -9 points closing at 1135 and NASDAQ -36 points closing at 2344. Looking ahead, September ADP Private Employment forecast at 24k vs. -10k previously.
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