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USD Trading Outlook (16-06-2011)

U.S. Dollar Trading (US) the negativity accelerated around the world with Protests in Greece turning Violent and the Greek PM offering to resign. US Stocks fell aggressively and US Data stunned to the downside. June NY FED dropped to -8 vs. 12 previously. In US stocks, DJIA -178 &nbsp points closing at 11897, S&amp P -22 points closing at 1265 and NASDAQ -47 points closing at 2631. Looking ahead, Weekly Jobless Claims forecast at 420k vs. 427k previously. Also released, May Philly Fed forecast at 6.8 vs. 3.9 previously.

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