USD Trading Outlook (28-06-2011)
U.S. Dollar Trading (US) some improving sentiment in European and US stock markets saw the USD give up some of its recent gains against most Currencies and Commodities. May Core PCE Price Index increased 0.3% vs. 0.2% expected and is watched by the US FED as an inflation indicator. In US stocks, DJIA +13 points closing at 12003, S& P +1 points closing at 1277 and NASDAQ +6 points closing at 2255. Looking ahead, June Consumer Confidence forecast at 60.5 vs. 60.8 previously.
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