China Rally Fades in the US Session |
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China Rally Fades in the US Session U.S. Dollar Trading (USD) the markets enthusiasm for the China story ran out of steam as officials in the US only gave a measured response. Profit taking turned to selling when the US stock markets turned negative. Large drops in Gold and the Euro helped keep the Dollar remained well supported. In US stocks, DJIA -8 points closing at 10442, S&P -4 points closing at 1113 and NASDAQ -20 points closing at 2389. Looking ahead, May Existing Home Sales
Filed under: Technical
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