USD Trading Outlook (03-09-2012)
U.S. Dollar Trading (USD) the Bernanke Speech failed to inspire the markets with the FED Chief supporting more action by the central bank but failing to outline the specific timeline. The market sold stocks initially but then over the day we saw steady buying in the US session as analysts commented that QE3 was still on the cards for the September meeting. Looking ahead, Labor Day Holiday in the US.
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