Currencies

With all the various indices, it can be devilishly hard to define.
The Dollar Index has inched down, and the Currency Shares Euro Trust has inched higher.
A few day rally could change the picture, but right now it appears that more dollar weakness lies ahead.
Meanwhile, the currencies of other countries are doing better.
The dollar is a good bet on the short side, and buy the yen on dips.
Dollar gets stronger, but euro's not that bad off.
The On-Balance-Volume line on the Currency Shares Euro Trust ETF is pointed lower, suggesting further weakness ahead.
Countries have shown that equities can be marked up as paper money is marked down.
How could China possibly lose control of its currency?
The yen's range is defined for now, but there is likely to be pressure to weaken it further as other currencies in the region keep declining.

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