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USD Trading Outlook (26-08-2011)

U.S. Dollar Trading (US) Stocks were down in another change of direction with sentiment fickle and once again testing support on many major currency pairs. Weekly Jobless Claims pushed up to 417k vs. 408k previously but is still stable. In US stocks on Friday, DJIA -170 points closing at 11149, S&amp P -18 points closing at 1159 and NASDAQ -48 points closing at 2419. Looking ahead, Fed Chief Bernanke Speaks at the Jackson Hole Symposium.

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