USD Trading Outlook (12-10-2012)
U.S. Dollar Trading (USD) the Dollar was mixed gaining against the other safe haven in the Japanese Yen but falling against the Euro and commodities. Weekly Jobless Claims surprised at 339k vs. 370k previously and helped keep US stocks positive. Looking ahead, US PPI is forecast at 0.7% vs. 1.7% previously. Also October UoM Consumer Sentiment forecast at 78 vs. 78.3 previously. IMF meetings all day.
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