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USD Trading Outlook (02-11-2011)

U.S. Dollar Trading (USD) market volatility returned overnight with the negative reaction to the Greek referendum vote continued and manufacturing PMI&amp rsquo s around the world sending warning signs about the global recovery. October US ISM fell to 50.8 vs. 51.6 previously. In US stocks, DJIA -297 points closing at 11658, S&amp P -35 points closing at 1218 and NASDAQ -77 points closing at 2606. Looking ahead, FOMC FED Rate Forecast at unchanged at 0.25%. The FOMC Press conference could move markets with QE3 a &nbsp possibility.

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