USD Trading Outlook (10-01-2013)
U.S. Dollar Trading (USD) a relatively quiet day on the markets with small gains in US stocks keeping a nascent Dollar rally in check throughout the New York session. USD/JPY was the exception leading Yen crosses higher in another day of heavy Yen selling. EUR/USD eased slightly ahead of the ECB meeting tonight which could see Dovish comments or even a rate cut. Looking ahead, FOMC Member George and Bullard Speak. Also Weekly Jobless Claims forecast at 361k vs. 372k previously.
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