USD Trading Outlook (07-11-2012)

U.S. Dollar Trading (USD) markets are in for some volatile trading over the next 24 hours with US elections wrapping up and Obama looking set to secure a second term. The immediate response to the Obama victory projection was a sharp move higher in Gold and in the EUR/USD. US Stocks however fell sharply and this could support the Dollar later on safe haven demand. Looking ahead, official US elections results expected.

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