USD Trading Outlook (13-02-2012)

U.S. Dollar Trading (USD) the Dollar hit day highs on Friday after heavy stock market selling in Asia continued into Europe. The selloff was a combination of profit taking and Greece Austerity vote uncertainty which proved unfounded as the parliament passed the measure Sunday night. The response so far in Asia on Monday has been positive although rioting in Greece is a stark reminder of the social cost of reform.

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