USD Trading Outlook (24-10-2011)

U.S. Dollar Trading (USD) most markets finished higher with &amp lsquo risk on&amp rsquo into the weekend on expectations of progress at the EU summit. The USD was under broad pressure with USD/JPY slipping to fresh all time lows under Y76 and EUR/USD edging above 1.3900. In US stocks, DJIA &nbsp +267 points closing at 11808, S&amp P +22 points closing at 1238 and NASDAQ +38 points closing at 2637.

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