USD Trading Outlook (19-04-2012)
U.S. Dollar Trading (USD) most markets fell overnight as the stock markets pulled back on profit taking and the USD was strong against most except the resurgent British Pound. The market is awaiting the Spanish long term bond Auctions today in Europe for direction for the rest of the week. Looking ahead, Weekly Jobless Claims forecast at 370k vs. 380k previously. Also ahead, March Home Sales forecast at 4.62mn vs. 4.59mn
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