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December 30, 2009 Dollar Ekes Out Small Gain After Choppy Session The U.S. Dollar finished higher after a choppy trading session, but well off its high. The Greenback opened higher after global equity markets weakened following an overnight drop in demand for higher risk assets. The Dollar ... Read more

G10 Advancers and Decliners vs USD GBP -0.05 EUR -0.08 CHF -0.15 JPY -0.17 Asian stock markets have been mixed overnight with the Shanghai Composite up over 1.5% on the day, but the Nikkei nearly a percent lower – weighed down primarily by speculation that Japan Airlines ... Read the ... Read more

Wednesday, December 30, 2009 The March Japanese Yen fell sharply overnight, taking out the late October bottom at 1.0847, on its way to a three-month low. Concern over a potential bankruptcy filing by Japan Airlines is putting pressure on the Yen. Stories are also circulating that Japan’s AA ... Read more

December 29, 2009 Friendly Consumer Confidence Report Underpins Dollar The U.S. Dollar managed to hold on to its gains after erasing earlier losses following the release of a friendly Consumer Confidence report. Although the reported figure of 52.9 was slightly less than estimates, it still ... Read more

G10 Advancers and Decliners vs USD CHF 0.31 EUR 0.28 GBP 0.16 JPY -0.10 Tight trading ranges prevailed in the majors overnight with EURUSD’s range 1.4354-1.4419, and USDJPY locked in an even narrower 91.61-91.78 channel. The USD has not shown much reaction to last night’s ... Read t ... Read more

Tuesday, December 29, 2009 The U.S. Dollar fell overnight as traders took advantage of the thin, holiday trading by taking profits after the almost month-long rally. Demand for higher yielding assets also contributed to the weakness for the second day in a row buoyed by a rise in global equity ... Read more

December 28, 2009 Concern about Increasing U.S. Debt Pressures Dollar The U.S. Dollar traded most of the day in a range and finished lower. With the lack of major economic news this week, global investors were forced to worry about another round of U.S. debt. Throughout the week, the Treasu ... Read more

December 28, 2009 Higher global equity markets are helping to boost demand for higher yielding assets, leading to a rise in U.S. stock index futures. The lack of any significant economic reports is giving traders a free ride to the upside. There is no strong resistance at this time. Treasur ... Read more