USD Trading Outlook (12-11-2012)

U.S. Dollar Trading (USD) another volatile and risky trading session on Friday with most markets touching new lows intraday. US stocks opened weak but were able to manage a weekend relief rally and helped lift other risk based markets higher. UoM Consumer Sentiment rose to a 5 year high at 84.9 vs. 83 forecast. Looking ahead, Bank Holiday for Veteran’s Day in US.

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