Dec 6 (Reuters) - Currency speculators trimmed their bets in favor of the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission and Thomson Reuters released on Friday.
A strong run of US economic data and a particularly positive November employment report wasn't enough to lift the US Dollar as it fell against most major counterparts. Why is the Dollar so out of favor, and what could reverse its fortunes in the week ...
The Japanese Yen fell amid ebbing haven for the safety-linked currency as the Nikkei 225 advanced. The rally followed comments from Takatoshi Ito, chairman of an advisory panel to Japan's Government Pension Investment Fund.
Despite the quiet nature of things lately from a geopolitical standpoint, coupled with the mainstream media's obsession with new nominal highs in the various paper indexes, there is definitely turbulence below the surface.