USD Trading Outlook (22-03-2012)

U.S. Dollar Trading (USD) a very quiet day on the markets with little fresh news to inspire direction. US stocks came under slight pressure as investors locked in profits from the recent rally and the USD/JPY was the main mover down with the Yen crosses as resistance above Y84 held a second attempt. Looking ahead, Weekly Jobless Claims forecast at 354k vs. 351k previously.

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