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USD Trading Outlook (15-09-2011)

U.S. Dollar Trading (US) stock markets enjoyed good gains overnight with hopes increasing of &nbsp fresh efforts from France/Germany to bailout smaller European Countries. ECB Member Barroso suggested that Eurobonds will be proposed and this sparked a rally that continued into the US session. The USD was sold with traders looking for more risk and dumping the safe haven. In US stocks, DJIA +140 points closing at 11246, S&amp P +15 points closing at 1188 and NASDAQ +40 points closing at 2572. Looking ahead, Weekly Jobless Claims forecast at 410k vs. 414k previously.

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