The pound may be retreating a bit against some of its counterparts, but sterling is seeing solid support against the euro today.
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Euro is moving higher today, even though there is a plan from ECB President Mario Draghi to add another $1 trillion to banks, and even though economic data in the eurozone has proved disappointing.
US dollar is retaining its upper hand against counterparts today as the good news about initial jobless claims offers speculation that an improving jobs situation could lead to an interest rate hike.
Japanese yen continues to maintain much of its earlier strength today, heading higher against many of its major counterparts.
Better housing stats are helping the Canadian dollar against its European counterparts. However, the US dollar is still on something of a tear, and the loonie remains down against its neighbor to the south.