USD Trading Outlook (09-11-2010)
U.S. Dollar Trading (USD) managed small gains in most currencies on the back of profit taking in stock markets around the globe. Larger gains were seen against the Euro on negative news regarding the weakness of Irish Banks. In US stocks, DJIA -37 points closing at 11406, S& P -2 points closing at 1223 and NASDAQ +1 points closing at 2580. Looking ahead, November IBD Economic Optimism previously at 46.4.
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