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Empire State Manufacturing Index USD

January 31, 2011

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The greenback’s trade today The USD had a technical day The operating volumes were low Several operators are continuing doubts about the financial plan Night view We expected a two-way trade Events scheduled for tomorrow are likely to spur the sale of dollars for the Wednesday All times EASTERN (-4 GMT) 8:30 am USD Core Retail Sales m / m 8:30 am USD PPI m / m 8:30 am USD Retail Sales m / m * 8: 30am, IPP USD Core m / m 8:30 am, the Empire State Manufacturing Index USD 10:00 am USD Business Inventories m / m 1:15 pm, Bernanke, Fed chairman will speak 2:00 pm USD’s Beige Book Dollar had a day of little significance, technical trades in the main, only the USD / YEN evening fell, and the USD / Canadian dollar rebounded. Most currencies reached maximum or minimum, during the financial news over a number of states are expanding their financial rescue plan, as it did the United States and other states that make up the G-7 financial situation remains the center of the scene.

Tomorrow will await several events scheduled, and is expected to hurt the USD, it is estimated that some operators will sell the American currency, however, short-term expectations regarding the greenback is positive. While the main reaction after the news released by the G-7 caused a slight decline in the dollar, the rest of the majors did not reach a significant increase in volumes traded..