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USD Trading Outlook (07-01-2011)

U.S. Dollar Trading (USD) was very strong by default as the Euro&amp rsquo s slide continued. Weekly Jobless Claims increased to 409k vs. 391k previously and stock markets eased. In US stocks, DJIA -25 points closing at 11697, S&amp P -2 points closing at 1273 and NASDAQ +7 points closing at 2709. Looking Ahead, December Non Farm Payrolls forecast at 175k vs. 39k previously and the Unemployment Rate forecast at 9.7% vs. 9.8% previously. Also ahead, Fed Chief Bernanke Speaks.

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