USD Trading Outlook (27-02-2012)
U.S. Dollar Trading (USD) stocks were slow but currencies volatile with large moves seen in both the USD/JPY and the EUR/USD. The US consumer confidence provided positive news improving from to 75.3 vs. 72.5 previously. Over the weekend we saw the G20 meet and release a statement that was largely expected giving commitments to increase IMF funding in the future and support the Eurozone but with little firm action taken.
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