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USD Trading Outlook (15-08-2011)

U.S. Dollar Trading (US) some calm on Friday with the market remaining positive and trading on most pairs subdued compared to the violent moves seen in the past week. USD/CHF continued to move higher as the market reacted to Swiss intervention talk. In US stocks on Friday, DJIA +125 points closing at 11269, S&amp P +6 points closing at 1178 and NASDAQ +15 points closing at 2507. Looking ahead, August NY FED Manufacturing forecast at 0 vs. -3.76 previously.

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