USD Trading Outlook (13-06-2011)
U.S. Dollar Trading (US) ended the week on the front foot after stocks markets notched up 6 straight weeks of losses. Fresh selling was instigated by weak Chinese export numbers which cast a fresh cloud of concern about the health of the global economy. Dollar gains were across the board commodities also sold across the board. In US stocks, DJIA -172 points closing at 11951, S& P -18 points closing at 1270 and NASDAQ -41 points closing at 2643.
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