Hi guys, I hope you had an excellent week trading FX.

Dollar saw a rise yesterday against the euro after Dallas President Richard Fisher of Federal Reserve indicated a possible rise in interest rates if inflation continues to rise. Takahide Nagasaki, senior currency strategist at Daiwa Securities SMBC Co. in Tokyo said: "The dollar will go up toward year-end. Fisher seemed to respond to criticism that the Fed has cut rates too much. The Fed's next move would be a rate hike early next year.'

Shaun Osborne, a senior currency strategist, at TD Securities, in Toronto said: "People are still inclined to buy the dollar after we broke above 104.90 resistance in dollar-yen and below euro-dollar short-term support around 1.5640."

The dollar rose to $1.5576 per euro, the strongest since May 20, before trading at $1.5583 at 7:32 a.m. in London from $1.5638. The yen was at 163.70 per euro after touching 164.48 yesterday, the weakest since April 24.

Have a great and relaxed weekend, everybody!