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Forex Pub Report, December 4, 2006

The bloodbath that has been ripping apart the dollar has temporarily ceased as most currency pairs now find themselves in a small range.  There were no major financial releases today and thus nothing really moving the currency for the time being.  However, it is important to note that with this pause the dollar has retraced some of its losses from last week.  One might think this would be a good time to get a little of those huge movements back, but apart from a small retracement overnight, everything remains virtually where it was at the beginning of the weekend.

Tomorrow brings the beginning of some important financial news culminating in the Non Farm Payroll figure this Friday.  

 

 
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