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USD Trading Outlook (13-12-2010)

U.S. Dollar Trading (USD) in a break from the normal relationship stronger Stocks in the US failed to hurt the USD which managed small gains against most pairs. The rally in stocks was attributed to the improvement in Novembers Trade balance to 38.7b vs. 44bn previously and a jump in Consumer sentiment to 74.2 vs. 71.6 previously. In US stocks, DJIA +40 points closing at 11410, S&amp P +7 points closing at 1240 and NASDAQ +20 points closing at 2637.

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