· US Dollar strengthens despite plunge in S&P/Case-Schiller home prices, consumer confidence.
· Wednesday’s German CPI release could add fuel to the ECB’s inflation concerns, US Durable Goods Orders expected to fall sharply.
[B]Stories to watch on DailyFX[/B]
· What will move the markets this week? Find out the Top 5 Most Important Events. Next up: US Durable Goods Orders· The BBA’s Libor rate is facing criticism - is there an alternative? Furthermore, how will the search for a ‘new Libor’ impact carry trades?
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