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USD Trading Outlook (06-06-2011)

U.S. Dollar Trading (US) the May unemployment missed on Friday with +54k vs. +232k previously and the Unemployment rate increasing to 9.1% vs. 9.0% previously. The market initially bought the USD on the back of the weak numbers with stocks slumping but when news of a Greece deal emerged a broad risk rally began in most majors. In US stocks, DJIA -97 points closing at 12151, S&amp P -12 points closing at 1300 and NASDAQ -40 points closing at 2732.

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