USD Trading Outlook (03-01-2011)
U.S. Dollar Trading (USD) a strong day in commodities sent the USD lower across the board. End of year position adjustments in a thin market meant moves were sharp and whippy with most traders returning in January. In US stocks, DJIA +7 points closing at 11577, S& P -1 points closing at 1256 and NASDAQ -10 points closing at 2652. Looking Ahead, December ISM Manufacturing at 56.9 vs. 56.6.
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