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USD Trading Outlook (29-09-2011)

U.S. Dollar Trading (US) the markets rolled over and sold off sharply last night in the US session with concerns that the Greece situation was not going to resolved quickly. Commodities sold off aggressively and stocks fell 300 points from highs of the day. In US stocks, DJIA -179 points closing at 11010, S&amp P -24 points closing at 1151 and NASDAQ -55 points closing at 2491. Looking ahead, Q2 GDP forecast at 1.2% vs. 1.0% previously. Weekly Jobless Claims forecast at 420k vs. 423k previously.

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