USD Trading Outlook (07-01-2013)
U.S. Dollar Trading (USD) December Nonfarm Payroll gained +155k and the Unemployment Rate remained at 7.8% in figures released Friday. Stock market’s climbed into the weekend and this inspired some USD selling with Gold particularly volatile. The FOMC minutes change of tune towards further QE sparked a sharp USD rally last week which will likely be tested in January. Looking ahead, no data tonight.
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