
The USD has kept in a somewhat tight trading range, but has been unable to hold onto any early strength into this mornings action. The lack of progress being made on Capitol Hill coming up with a new stimulus package is providing support, as well as average Chinese economic data resulting in a negative shift in global risk sentiment. The dollar will need to avoid negative readings in industrial production and retail sales in order to regain some strength heading into the weekend. Near term resistance comes in at 9350 and support at 9303.
