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USD Trading Outlook (09-08-2011)

U.S. Dollar Trading (US) the market could not shrug off the negativity from the US rating downgrade and New York stocks fell 400 points in the last 2 hours of trade leaving traders stunned and cautious. Risk was taken off the table from Oil to the Aussie dollar with investors flooding into Gold and Swiss Franc. In US stocks on Friday, DJIA -634 points closing at 10809, S&amp P -79 points closing at 1119 and NASDAQ -174 points closing at 2357. Looking ahead, Key FOMC meeting and statement

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