The US Dollar has inched firmer overnight with some small interest from forex traders particularly against the Euro currency. Very little in the way of economic data to get the markets excited. US Home sales are unlikely to trigger major activity in fx markets which have now largely switched off until the FOMC meeting next Tuesday and Wednesday. If there is some movement it is likely to be more of the same with the US Dollar the major beneficiary. More on the individual currencies later. The Yuan continues to attract interest, with the pressure coming from the US to have a freer floating Chinese currency.The Yuan has been allowed to rise by barely 1 pct since its revaluation by 2.1 pct against the US Dollar and its peg to the US unit was replaced with a link to a basket of currencies in July 2005. This and the impending changes to the tradability of the Indian Rupee are the trends to watch for the long term future in the currency markets. This is something we will be covering, passing on information and insight in preparation for the changes when they come.