USD Trading Outlook (16-02-2012)

U.S. Dollar Trading (USD) the Dollar has enjoyed a good 24 hours of strength as risk aversion spreads from the Eurozone to global stock markets. Only Oil is bucking the trend with war drums growing louder for a military strike on Iran’s Nuclear facilities. The FOMC minutes also added more cold water on the recent QE3 talk with opinions within the FED widely differing on the need for more monetary stimulus.

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