The yen fell from a six-week high against the euro as stocks rose and a Japanese government official fanned speculation the central bank may seek to weaken the currency after it gained 4 percent in five days.

The pre-planned break-out variant for sales has been implemented but with loss of several points in the achievement of minimal estimated target. OsMA trend indicator, having marked in general picture close activity parity of both parties and gives grounds to suppose further rate range movement without clarifying the choice of planning priorities for today.

The U.S. dollar lost ground versus major rivals, with safe-haven flows drying up as equity markets turned higher and economic sentiment lost some of its recent gloom, strategists said.

EUR. The pre-planned break-out variant for sales has been implemented with achievement of minimal anticipated target.

1,3861. EUR USD is in a range between 1,3800 and 1,3935. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands.

The Dollar continued to rally after the New York close last night, with EUR/USD falling a full 100 points from 1.4010 to 1.3910 in Friday Asia morning trading. 

USD and JPY traded lower pressured by an up tick in risk appetite as equity markets rally in reaction to report that the IMF sees the global recession ending. FX markets are closely tracking equities and risk sentiment.