USD Trading Outlook (21-11-2011)
U.S. Dollar Trading (USD) sustained its recent rally as share markets ended the week mixed, and further fears of Eurozone growth continued recent demands for the USD. US leading index rose to 0.9% above expectations of 0.6%, yet that may have been capped with doubt the “Super Committee” may agree on measures to reduce deficit by Thursday’s scheduled deadline. In US share markets, the Dow Jones rose by 0.2%, whilst the S&P and the NASDAQ eased -0.5% and -0.6% respectively.
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