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USD Trading Outlook (30-11-2010)

U.S. Dollar Trading (USD) the bailout optimism was very short lived with markets around the world continuing to sell off on fears more Eurozone countries would pulled down from Debt contagion. Italy and Spain both had yields increase and stocks fell heavily in Europe. In US stocks, DJIA -39 points closing at 11052, S&amp P -1 points closing at 1187 and NASDAQ -9 points closing at 2525. Looking ahead, November Chicago PMI is forecast at 60 vs. 60.6.

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