Currency Updates:
U.S. Dollar Trading (USD) weakened against most pairs with Oil leading the market higher. Weekly Jobless Claims came in at 420k as expected. November New Homes Sales did recover up +5.5% m.m. In US stocks, DJIA +14 points closing at 11573, S& P -2 points closing at 1256 and NASDAQ -5 points closing at 2665. Looking ahead, Stocks closed for Christmas Eve
The Euro (EUR) was under pressure but found some buyers after Moody&rsquo s put some sovereign CDS up for upgrade. The market is thin and fresh news has the potential for larger than usual moves. EUR/USD traded with a low of 1.3054 and a high of 1.3153 before closing at 1.3120. German Bank Holiday
The Japanese Yen (JPY) broke to the downside falling through support at Y83.50 to Y82.90 on heavy EUR/JPY and GBP/JPY selling. Overall the USDJPY traded with a low of 82.84 and a high of 83.59 before closing the day around 83.10 in the New York session.   
The Sterling (GBP) grinded higher on the day after recent selling was seen as overdone and the market took profit. GBP/JPY recovered from below Y128 but is struggling to maintain strength in recent sessions. Overall the GBP/USD traded with a low of 1.5371 and a high of 1.5449 before closing the day at 1.5420 in the New York session.
The Australian Dollar (AUD) extended gains above parity as the commodity currency does well given Oil&rsquo s move higher. AUD/NZD reversed from 1.3500 back to 1.3400. Overall the AUD/USD traded with a low of 0.9985 and a high of 1.0068 before closing the US session at 1.0030.
Oil & Gold (XAU) fell back from $1400 but still quiet trade. Overall trading with a low of USD$1372 and high of USD $1389 before ending the New York session at USD$13880 an ounce. Oil continued unabated pushing to $91.50 finding little resistance. WTI Oil Closed +$1.00 at $91.50 a barrel.
