Stocks Continue Rally, AUD Shines |
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Stocks Continue Rally, AUD Shines U.S. Dollar Trading (USD) some good economic data in the June New Home Sales at 0.33m vs. 0.26m previously helped contain some of the USD weakness but the Reserve currency struggled in the positive risk environment. In US stocks, DJIA +100 points closing at 10525, S&P +12 points closing at 1115 and NASDAQ +26 points closing at 2296. Looking ahead, July US Consumer Confidence is forecast at 51 vs. 52.9 previously. Also Released, May CS House Prices forecast
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