Forex: The USD is weaker against most currencies as the WSJ notes that the greenback may be due for profit taking following the recent gains. Also the gains in commodities prices are weighing on the USD. The EUR is currently above $1.4700, USD/CHF is below 1.0950 and USD/JPY is below 110.50. Additionally the NZD and AUD are both higher against the USD, as AUD/USD moved above 87 cents. Although the yen is gaining against the USD and GBP, the Japanese currency is weaker against the NZD, AUD and EUR.
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