USD Trading Outlook (08-11-2010)
U.S. Dollar Trading (USD) some stronger than expected October Jobs data helped inspire Dollar buying into the weekend. October Non Farm Payrolls were at 151k vs. 60k forecast whilst the Unemployment rate stayed at 9.6%. In US stocks, DJIA +9 points closing at 11444, S& P +4 points closing at 1225 and NASDAQ +1 points closing at 2578. Looking ahead, October Employment Trend previously at 97.
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