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USD Trading Outlook (18-08-2011)

U.S. Dollar Trading (US) most markets remained quiet overnight with the highlight the Swiss national bank&rsquo s lack of Currency intervention which sent EUR/CHF from 115 to 112. Stocks in the US ended unchanged with an early rally pared back into the close. In US stocks on Friday, DJIA +4 points closing at 11410, S&amp P +1 points closing at 1193 and NASDAQ -11 points closing at 2511. Looking ahead, August Philly FED forecast at 3.7 vs. 3.2 previously.

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