The U.S. Dollar is trading mixed. The December British Pound is up sharply following rumors the Bank of England may end its asset buyback program early.

The December Euro weakened early in the session on poor economic news but has erased all losses following a supportive statement from European Central Bank President Trichet.

The December Canadian Dollar is forming a closing price reversal top. Traders feel this market has gone up too far, too soon.

Less than positive comments from the Japanese Finance Minister are helping to pressure the December Japanese Yen.