USD Trading Outlook (31-05-2011)
U.S. Dollar Trading (US) a largely non eventful day with many markets closed for holidays. Early Asia Tuesday we had reports of a sentiment shift from Germany in regards to helping Greece which saw a sharp spike higher in the EUR/USD. In US stocks, closed given Bank Holiday for Memorial Day. Looking ahead, May CB Consumer Confidence is forecast at 66.5 vs. 65.4.
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