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USD Trading Outlook (24-03-2011)

U.S. Dollar Trading (USD) the USD was able to make small gains as the Euro and GBP came under pressure. February New Home Sales plummeted keeping in line with other weak Housing data. Stocks were able to make small gains as investors still remain bullish. In US stocks, DJIA +63 points closing at 12086, S&amp P +3 points closing at 1296 and NASDAQ +14 points closing at 2698. Looking ahead, Weekly Jobless Claims are forecast at 383k vs. 385k previously.

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