USD Trading Outlook (18-04-2012)

U.S. Dollar Trading (USD) the investor mood brightened again over night after the IMF upgraded global growth forecasts and a Spanish Debt Auction went well. US stock markets soared and were up over 200 points on the Dow at one stage leading the USD to be sold as safe haven demand dropped. Looking ahead, Crude Oil Inventories forecast at 1.6mn vs. 2.8mn previously.

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