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USD Trading Outlook (05-09-2011)

U.S. Dollar Trading (US) the Dollar gained well supported on risk aversion from stocks falling heavily after weak US jobs data. August Non Farm Payrolls came in at 0 vs. 75k forecast. The August Unemployment Rate stayed at 9.1%. Gold soared on expectations that QE3 will now be implemented on a faltering US economy. In US stocks on Friday, DJIA -253 points closing at 11240, S&amp P -30 points closing at 1173 and NASDAQ -65 points closing at 2480. Looking ahead, US HOLIDAY THIN TRADING CONDITONS

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