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USD Trading Outlook (12-07-2011)

U.S. Dollar Trading (US) fear crept into the markets Monday causing another heavy sell off in global stocks with focus on Italy and money flooding out of the European debt markets. This Combined with the high Chinese CPI data saw investor sentiment very weak globally. The Dollar gained as a safe haven but underperformed the other havens in Gold and Yen. In US stocks, DJIA -151 points closing at 12505, S&amp P -24 points closing at 1319 and NASDAQ -57 points closing at 2802.

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