Euro Drag: The dollar was pushed back off into the auction, ticking back off to 80.47 off an early 80.85, bouncing off that support to grind back to near the session average. The index was getting an initial bid as the markets were spooked by the goings on in Europe and safety plays helped bounce the buck and the yen. The euro was drilled off to near it recent low and spent the session churning back on the buck while seeing a similar push back on the yen, working back to 1.36 plus and 122.40, respectively. The yen was making an early push to get at giving up 89.50 per buck, but drifted off through the session to stall near 90. The yen is starting to get added little boosts from expected fiscal year-end buying into month's end as the country closes their books. Gold was struggling uphill most of the day, but was unable to hold near unchanged midday, and dropped back off with spot now 1120.45 (-3.10). Crude was made a similar move before giving up near unchanged at 81.87 to settle 81.49 (-0.38). There will be a pent-up run of data out of EuroLand, which may bring on some overdone reactions, while Japan gets GDP.
