USD Trading Outlook (28-10-2010)
U.S. Dollar Trading (USD) the market is readjusting its expectations of FED easing to a lower amount and this is helped the Dollar to rally and inducing stocks markets to pull back. September Durable Goods Orders gained 3.3% vs. 2% excepted. In US stocks, DJIA -43 points closing at 11126, S& P -3 points closing at 1182 and NASDAQ +5 points closing at 2503. Looking ahead, Weekly Jobless Claims are forecast at 453k vs. 452k previously.
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