USD Trading Outlook (21-02-2012)

U.S. Dollar Trading (USD) the market opened sharply higher on Monday morning after weekend news that China had cuts its RRR by 0.5% and EU ministers had good chance of approving the next loan package to Greece at their Monday meeting. US Dow jones futures pushed above 13000 for the first time in 3 years and most risk assets gapped higher including OIL/USD which is above $105 at time of printing.

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