USD Trading Outlook (14-11-2011)

U.S. Dollar Trading (USD) consumer sentiment in the US unexpectedly improved to 64.2 vs. 61.5 previously and this helped improve strong investor risk appetite and push stock markets higher into the weekend. The USD was sold across the board as safe haven demand increased. In US stocks, DJIA +259 points closing at 12153, S&P +24 points closing at 1263 and NASDAQ +53 points closing at 2678. Looking ahead, no major data today.

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