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USD on top for second consecutive day,........>

FOREX
FOREX: USD on top for second consecutive day, Scandi currencies left behind
-The Dollar Index looks likely to close above the 50DMA as the greenback enjoyed
its second consecutive day of gains as month- and quarter-end flows buoyed the
dollar and slowed any progress for the EUR. With one business day left before
the end of the month/quarter, tomorrow's trade may be choppy as markets rush to
close business.
-Scandi currencies were left behind following poor Norwegian retail sales and
lower crude oil prices. EUR/SEK rose in tandem to fresh near-decade highs as
equity dividend season continues: of the past 5 years, SEK has weakened across
80% of all dividend-paying months. 
-JPY was offered throughout the session as the dollar gained throughout much of
the NY trading day, with USD/JPY given a firm boost ahead of the close as
reports suggested North Korea are open to bilateral talks with Japan.
-Focus for tomorrow's session turns to Japanese retail sales, German regional
CPIs and unemployment figures, Canadian GDP and US Chicago PMI.
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