New York Session – January 27, 2011 4:02 PM

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The U.S. dollar traded mixed today, firmer against most of the majors but weakened against the euro and kiwi. The yen crosses moved higher in the wake of Japan’s downgraded credit rating and USD/JPY was up on the day although unable to sustain a move above 83.00. USD/JPY is currently trading around 82.80 – just under the 100-day sma. EUR/USD looked comfortable above the 1.3700 figure but struggled to hold above 1.3750 and is currently trading around 1.3735. Full text »

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