USD Trading Outlook (29-09-2010)
U.S. Dollar Trading (USD) some mild dollar buying in Asia did not last long as the market once again focused on the possibility of US QE2 with some analysts calling for new announcements as soon as November. July House Prices fell unexpectedly by -0.1% in July m/m. Also poor was the fall in September CB Consumer Confidence. In US stocks, DJIA +46 points closing at 10858, S& P +5 points closing at 1147 and NASDAQ +9 points closing at 2379.
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