USD Trading Outlook (10-10-2011)
U.S. Dollar Trading (USD) the market hit day highs on the back of better than expected September Non Farm Payrolls. This positive mood though was trumped into the close by Fitch downgrading Spain and Italy which sent US stocks slightly negative. The USD finished strong with the Euro dragging the other majors lower. In US stocks, DJIA -20 points closing at 11103, S& P -9 points closing at 1155 and NASDAQ -27 points closing at 2479. Looking ahead, US BANK HOLIDAY.
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