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USD Trading Outlook (31-10-2011)

U.S. Dollar Trading (USD) markets entered into a quiet range bound consolidation on Friday as traders digested Thursday Rally and the EU bailout. US Data showed Consumer sentiment improving throughout October is a promising sign for the struggling US economy. In US stocks, DJIA +22 points closing at 12231, S&amp P +1 points closing at 1285 and NASDAQ -1 points closing at 2737. Looking ahead, Chicago PMI forecast at 59 vs. 60.4 previously.

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