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USD Trading Outlook (23-12-2010)

U.S. Dollar Trading (USD) was mixed with many pairs moving independently in thin holiday markets. Stock markets continued to rise and this is allowing risk assets such as Oil and Aussie to rise. November Home Sales gained 4.68m vs. 4.43m previously. In US stocks, DJIA +26 points closing at 11559, S&amp P +4 points closing at 1258 and NASDAQ +3 points closing at 2671. Looking ahead, Weekly Jobless Claims are forecast at 420k vs. 420k previously.

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