USD Trading Outlook (03-01-2012)
U.S. Dollar Trading (USD) even though FX markets were open the important London markets were closed and many stocks markets remained closed. Better than expected Chinese PMI released on Monday saw December PMI upgraded to 50.3 above the 50 expansion level and has helped improve risk appetite. Looking ahead, FOMC Minutes Released and December PMI Manufacturing forecast at 53.2 vs. 52.7 previously.
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