USD Trading Outlook (21-09-2012)
U.S. Dollar Trading (USD) the Dollar was strong for the most of the day as manufacturing PMI’s around the world showed the global outlook was still weak. China HSBC Manufacturing PMI remained under 50 at 47.8 and is the 11th month of contraction. The general environment for global stocks though is positive due to the ongoing aggressive easing from central banks. Looking ahead, FOMC Member Lockhart Speaks.
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