FX European Briefing 11.01.2011

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Talking Points US Dollar Soars on Safety Demand as Asian Shares Follow Wall St Lower Australian Dollar Slumps on Risk Aversion, RBA Interest Rate Decrease UK GDP, PMI Data to Show Weakness, Reinforcing Case for QE Reboot ISM Report Key as Markets Gauge Risk Implications of Firming US Data   US Dollar Extends Rally as Stocks Slump, ISM Report in Focus The US Dollar continues to rally on safe-haven demand, traders now likely to look past UK GDP and PMI data to focus on US ISM Manufacturing report. Read Full Article DailyFX Home | research@dailyfx.com | Contact US ©2009 DailyFX. All Rights Reserved. Forex Capital Markets, L.L.C.® assumes no responsibility for errors, inaccuracies or omissions in these materials. Forex Capital Markets, L.L.C.® does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Forex Capital Markets, L.L.C.® shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results.

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