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CURRENCIES

CURRENCIES: The December Euro currency closed up 40 points at 1.1985 today. Prices closed near the session high. The bulls have the firm overall near-term technical advantage.

The December Japanese yen closed down 135 points at .89240 today. Prices closed near mid-range and hit another two- month low today. Bears have the solid overall near-term technical advantage amid the recent steep downdraft.

The December Swiss franc closed down 15 points at 1.0351 today. Prices closed nearer the session low today and hit a four-month low. The Swissy bulls have lost their overall near-term technical advantage.

The December Canadian dollar closed up 10 points at .8108 today. Prices closed near mid-range. Bulls still have the overall near-term technical advantage. Prices are still in a 4.5-month-old uptrend on the daily bar chart.

The December British pound closed up 91 points at 1.3610 today. Prices closed nearer the session high. The bulls still have the solid overall near-term technical advantage.

The December U.S. dollar index closed down 0.276 at 92.020 today. Prices closed nearer the session low today. The bears have the firm overall near-term technical advantage.

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