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USD Trading Outlook (04-07-2011)

U.S. Dollar Trading (US) the markets all enjoyed solid gains throughout the day, with US data inspiring a fresh push higher. June PMI Manufacturing unexpectedly improved to 55.3 vs. 53.5 previously and forecast of a drop to 51.8. The USD was under pressure against risk assets but did well against other safe havens in Gold, Yen and Swiss Franc. In US stocks, DJIA +168 points closing at 12582, S&amp P +19 points closing at 1339 and NASDAQ +42 points closing at 2816. Looking ahead, Markets Closed for July 4th Holidays.

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