USD Trading Outlook (16-12-2010)
U.S. Dollar Trading (USD) stocks fell slightly on Eurozone concerns with Spain warned by Moody&rsquo s it may lower the countries rating. November CPI was slightly less than expected at 0.1% vs. 0.2% forecast. November Industrial Output at 0.4% vs. 0.3% forecast. In US stocks, DJIA -19 points closing at 11457, S& P -6 points closing at 1235 and NASDAQ -10 points closing at 2617. Looking ahead, Weekly Jobless Claims are forecast at 420k. vs. 421k previously.
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