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USD Trading Outlook (03-02-2011)

U.S. Dollar Trading (USD) the market consolidated Tuesday&amp rsquo s risk rally holding near highs in stocks and the Dollar remaining weak. Some focus switched back to Egypt later in the day as protestors clashed and could spark risk aversion if the situation worsens. In US stocks, DJIA +1 points closing at 12042, S&amp P -2 points closing at 1304 and NASDAQ -1 points closing at 2749. Looking ahead, Weekly Jobless Claims are forecast at 420k vs. 454k previously.

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