The euro at ten : Demonstrably durable

Europe’s single currency has been a haven in recent financial storms. But as capital markets become more discriminating, it no longer affords shelter from reform.
http://www.economist.com/world/europe/displaystory.cfm?story_id=12851352

Dollar Rally Fizzling as Fed Triggers Risk Appetite

The dollar, yen and Swiss franc may weaken this year against 2008’s biggest losers in the currency markets as the global economy starts to recover, the largest foreign-exchange strategists and investors say.
http://www.bloomberg.com/apps/news?pid=20602081&sid=ayd7yHjUDd50&refer=benchmark_currency_rates

Dollar Rises to Three-Week High Against Euro on U.S. Stimulus

The dollar rose to a three-week high against the euro and advanced versus the yen on speculation President-elect Barack Obama's fiscal stimulus will help the U.S. economy recover from recession.
http://www.bloomberg.com/apps/news?pid=20602081&sid=aa7ZEWgitnJs&refer=benchmark_currency_rates

Dollar Heads for Biggest Annual Drop Against Yen in Two Decades

http://www.bloomberg.com/apps/news?pid=20601087&sid=aU918XiZT1fw&refer=home

FX OUTLOOK-Dollar on track for best yearly rise since '05

May be useful in assessing the likely direction of $ and Yen:

http://uk.reuters.com/article/idUKN2625732320081226?sp=true

Manoj 

Useful Currency Correlations

Take a look at following links:

1. http://www.investopedia.com/articles/forex/05/051905.asp

2. http://fxtradeinfocenter.oanda.com/charts_data/fxcorrelations.shtml

Manoj 

Yen Heads for Weekly Loss as Production Drops, Inflation Slows

Yen Heads for Weekly Loss as Production Drops, Inflation Slows
http://www.bloomberg.com/apps/news?pid=email_en&refer=&sid=aUD3AeNFl1OU

Finally, after a rather strong show recently, Yen shows weakness this week. Is it going to be a reversal or a minor correction in the fall of dollar against Yen ?