Hi
24-July-U.S. Dollar Trading (USD) eased across the board as absence of data saw traders remain cautious. As a result the USD traded near 12 year lows against a basket of currencies, where uncertainty in the sub prime mortgage market has seen continual betting against the greenback. In U.S. share markets the NASDAQ was up 2.98 points (0.11%) whilst the Dow Jones was also up by 92.34 points (0.67%). Crude Oil eased on Monday falling by 1.31% to US$74.80 a barrel. Looking ahead, second tier data is expected out of the U.S. today with the release of the Redbook and the Richmond Fed index.