USD Trading Outlook (14-02-2011)
U.S. Dollar Trading (USD) stocks markets enjoyed a positive close as news spread that Egyptian President Mubarak would be stepping down and tensions in the Arab state eased. Oil moved back on the news after the commodity received support in recent weeks due to the turmoil. In US stocks, DJIA +43 points closing at 12273, S& P +7 points closing at 1328 and NASDAQ +18 points closing at 2809. Looking ahead, February NAHB Housing Market is forecast at 17 vs. 16 previously.
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