USD Trading Outlook (04-09-2012)
U.S. Dollar Trading (USD) holiday affected trade saw subdued trading in the US session but the EUR/USD did have another attempt at 1.2600 with risk appetite remaining strong in Europe. There is a heavy slate of data releases this week from the US ending with August Non Farm Payrolls. Looking ahead, August ISM Manufacturing forecast at 50.0 vs. 49.8 previously.
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