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USD Trading Outlook (26-01-2011)

U.S. Dollar Trading (USD) the dollar was mixed as a heavy commodity sell off competed with a strong Euro. January Consumer Confidence improved to 60.6 vs. 53.3 previously. November Case Shiller House Price Index forecast at -0.5% vs. -1.0% forecast. In US stocks, DJIA -3 points closing at 11977, S&amp P +1 points closing at 1291 and NASDAQ +2 points closing at 2719. Looking ahead, FOMC Rate Decision forecast to hold at 0-0.25% band. Also Released, Weekly Jobless Claims are forecast at 0.9m vs. 2.6m.

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