USD Trading Outlook (31-03-2011)
U.S. Dollar Trading (USD) The weak USD theme continued with investors searching for riskier trades with higher returns. The High Yielding Aussie hit all time highs as stock markets continue to push higher. March ADP Employment was solid at 201k vs. 203k previously. In US stocks, DJIA +71 points closing at 12350, S& P +8 points closing at 1328 and NASDAQ +19 points closing at 2776. Looking ahead, Weekly Jobless Claims are forecast at 380k vs. 283k previously.
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