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USD Trading Outlook (28-05-2012)

U.S. Dollar Trading (USD) the USD hit 4 year highs on Friday as the EUR/USD broke through 1.2500 on Spanish concerns and investors flooded into the safe haven. The USD gains heavily from negativity as the only reserve currency that investors can flee too currently. The mood in Asia on Monday morning has been better though as we are seeing USD selling across the board as the stocks move higher. Looking ahead, Bank Holidays in Europe and US today for Memorial Day.

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