USD Trading Outlook (08-04-2011)
U.S. Dollar Trading (USD) some risk aversion kept USD weakness limited with the market reacting to news of fresh aftershocks in japan and Oil moving above $110 on continued middle eastern fears. Weekly Jobless Claims we good at 382k vs. 392k previously. In US stocks, DJIA -17 points closing at 12409, S& P -2 points closing at 1333 and NASDAQ -3 points closing at 2796. Looking ahead, FOMC Member Fisher Speaks
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