USD Trading Outlook (24-12-2010)
U.S. Dollar Trading (USD) weakened against most pairs with Oil leading the market higher. Weekly Jobless Claims came in at 420k as expected. November New Homes Sales did recover up +5.5% m.m. In US stocks, DJIA +14 points closing at 11573, S& P -2 points closing at 1256 and NASDAQ -5 points closing at 2665. Looking ahead, Stocks closed for Christmas Eve
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