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USD Trading Outlook (14-02-2012)

U.S. Dollar Trading (USD) the positive mood from the Greece vote faded quickly and we ended well off highs in the US session and the Dollar was on the front foot going into Asia Tuesday morning. When Moody’s downgraded most of Europe after the New York close the Dollar was bought aggressively across the board. The eventful Asian session then saw the BOJ expand its Asset purchase program and look to focus on a new inflation target.

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