USD Trading Outlook (03-04-2012)
U.S. Dollar Trading (USD) the USD was under pressure overnight as risk appetite picked up after stronger than expected manufacturing surveys out of China and the US. US ISM Manufacturing rose to 53.4 vs. 52.4 previously. US construction data was weaker than expected falling -1.1% vs. 0.6% forecast. Looking ahead, FOMC Minutes from the March Meeting.
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