USD Trading Outlook (07-10-2010)
U.S. Dollar Trading (USD) stocks were flat but the trend against the USD continued with fresh selling in New York. The September ADP Private Employment report disappointed falling -39k vs. 24k forecast. In US stocks, DJIA +23 points closing at 10967, S& P -1 points closing at 1159 and NASDAQ -20 points closing at 2380. Looking ahead, Weekly Jobless Claims are forecast at 454k vs. 453k previously.
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