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USD Trading Outlook (30-09-2011)

U.S. Dollar Trading (US) Stocks finished up but well off highs in another volatile day of trading. The USD was weaker with the risk on trade losing ground against commodities and most majors. Weekly jobless claims fell to 391k vs. 423k previously. In US stocks, DJIA +143 points closing at 11154, S&amp P +9 points closing at 1160 and NASDAQ -10 points closing at 2480. Looking ahead, September Chicago PMI forecast at 55.5 vs. 56.5 previously.

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