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USD Trading Outlook (03-02-2012)

U.S. Dollar Trading (USD) the sentiment remained positive in the markets overnight but little happened in the market overnight with traders still waiting on final details if the Greece debt deal and the major risk event of the week in the market the January US Non-Farm Payrolls is ahead on Friday. Weekly Jobless Claims came in at 367k vs. 375k previously. In US stocks, DJIA -11 points closing at 12705, S&P +1 points closing at 1325 and NASDAQ +11 points closing at 2859k. Looking ahead, January US Nonfarm Payrolls forecast at 170k vs. 212k previously.

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