USD Trading Outlook (30-10-2012)
U.S. Dollar Trading (USD) Fresh European bickering and concerns that Hurricane Sandy will devastate the east coast of the US kept risk off most of Monday. Demand for the Safe Haven Dollar was strong and gained across the board in light trading volume. Looking ahead, August Case Shiller forecast at 0.5% vs. 0.4% previously. October Consumer Confidence forecast at 72.5 vs. 70.3 previously.
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