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USD Trading Outlook (03-10-2012)

U.S. Dollar Trading (USD) the market was upbeat overnight but we finished off highs with some disappointing comments from the head of Spain that a bailout was not imminent for his struggling country. The bulls are expecting Spain to formally request help and see this as an important step going forward to end the EU Debt Crisis. Looking ahead, ADP September Report forecast at 143k vs. 201k previously. Also ISM Services Forecast at 53.2 vs. 53.7 previously.

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