USD Trading Outlook (27-03-2012)
U.S. Dollar Trading (USD) the market had been waiting for clarification from the FED in recent weeks since the rally in Bonds suggested there was a fresh debate on future US monetary policy. The FED Chairman squashed this debate overnight suggesting even more easing is possible to ensure that US economy has strong growth going forward. Looking ahead, Jan Case Shiller house prices forecast -0.6 vs. -1.1% previously m/m.
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