USD Trading Outlook (15-02-2011)
U.S. Dollar Trading (USD) a quiet open the week with stock markets remaining strong but FX markets less interested in selling the USD in response. China& rsquo s January Trade Surplus showed a sharp contraction as imports surged 51%. In US stocks, DJIA -5 points closing at 12268, S& P +3 points closing at 1332 and NASDAQ +7 points closing at 2817. Looking ahead, January Retail Sales are forecast at 0.6% vs. 0.66 previously.
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