USD Trading Outlook (08-01-2013)
U.S. Dollar Trading (USD) Dollar strength from last week’s FOMC minutes surprise faded overnight and we saw EUR/USD bounce off 1.3000 and USD/JPY fall back from the Y88 handle. Attention is turning to the ECB later this week and their outlook for Eurozone in 2013. Looking ahead, January IBD Economic Optimism previously at 45.1 previously.
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