USD Trading Outlook (20-07-2011)

U.S. Dollar Trading (US) a major relief rally was staged overnight with commodities and stocks soaring on positive debt news and US housing data. June Housing starts gained +14.6%m/m in a sharp and promising rise. Talk that a US debt deal was getting to closer to having bipartisan support also helped reduce the downgrade threat the US is facing. In US stocks, DJIA +202 points closing at 12587, S&amp P +21 points closing at 1326 and NASDAQ +61 points closing at 2826. Looking ahead, June Existing Home Sales forecast at 4.9mln vs. 4.81mn previously.

Back to USD Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.