USD Trading Outlook (29-01-2013)
U.S. Dollar Trading (USD) the Dollar remained on the front foot with economic data improving out of the world’s largest economy. December Durable Goods gained 4.6% vs. 1.7% previously. Interest rates responded immediately with 10yr Yields gaining above 2%. The FOMC meeting this week will be critical for traders and the US monetary policy outlook. Looking ahead, November Case Shiller house prices forecast at 5.5% vs. 4.3% y/y. Also CB Consumer Confidence forecast at 64.8 vs. 65.1 previously.
Back to Currencies Archive
