USD Trading Outlook (18-02-2013)

U.S. Dollar Trading (USD) was generally strong across the board with USD/JPY soaring after support was found and the G20 remained quiet on FX movements. Feb UoM Consumer Sentiment improved to 76.3 vs. 74.8 previously. Some USD strength came from FED member Pianalto who saw risks from QE3 and diminishing returns on Asset purchases. Looking ahead, Holiday for Presidents Day.

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