USD Trading Outlook (16-01-2012)

U.S. Dollar Trading (USD) stocks slumped and the Dollar soared on Friday with S&P downgrading most of Europe on Friday night. The market had been expecting such a move which included France and the after the initial heavy sell off was able to recover some of the losses into the close. In US stocks, DJIA -48 points closing at 12422, S&P -6 points closing at 1289 and NASDAQ -14 points closing at 2710. Looking ahead, US Bank Holiday.

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