USD Trading Outlook (26-12-2011)
U.S. Dollar Trading (USD) small gains into the weekend did not translate into USD weakness with the EUR/USD still struggling to rally and keeping most other majors contained. November Durable Goods Orders at 3.8% vs. 0.0% previously and 2.0% forecast. In US stocks, DJIA +124 points closing at 12294, S&P +11 points closing at 1265 and NASDAQ +19 points closing at 2618. Looking ahead, Bank Holiday.
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