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USD Trading Outlook (11-01-2013)

U.S. Dollar Trading (USD) traders enjoyed a very volatile trading day in the currency markets with the Euro leading the majors higher against the Greenback after the ECB meeting yesterday. Stock markets rallied around the world supported on the back of strong China Trade data yesterday. Weekly Jobless Claims rose to 371k vs. 361k forecast. Looking ahead, November Trade Balance forecast at -41bn vs. -42bn previously. Also December FED Budget released.

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