USD Trading Outlook (28-12-2011)

U.S. Dollar Trading (USD) stocks finished unchanged in a lackluster session with little fresh news for traders to work with. Consumer Confidence picked up in December to 64.5 vs. 56 previously. October Case Shiller House prices fell -1.2% m/m though and this tempered some of positivity. Some concern emerged over threats from Iran to disrupt shipping in the Strait of Hormuz. Looking ahead, No data today

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