USD Trading Outlook (23-11-2010)

U.S. Dollar Trading (USD) gained against most pairs as the Euro led the collapse of most majors. Stocks in the US came under heavy pressure on news of a major insider trading case developing. A relief rally into the US close helped most currencies bounce off lows. In US stocks, DJIA -24 points closing at 11178, S&amp P -1 points closing at 1198 and NASDAQ +13 points closing at 2532. Looking ahead, Q3 GDP forecast at 2.4% vs. 2% previously. October Existing Home Sales forecast at 4.49mn vs. 4.53mn. Closely watched FOMC Minutes are also set to be released.

Back to Currencies Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.