The euro has found some level of stability against the US dollar; but against the less fundamentally controversial franc and sterling, the currency’s true colors show through.

The British pound is firmly anchored to underlying trends in risk sentiment.

The Japanese yen lost ground against the U.S. dollar as rising yields for U.S. Treasuries sparked increased demands for the greenback, but the exchange rate is likely to face increased volatility over the following week as the Federal Reserve convenes for its last interest rate decision in 2010.

The Canadian dollar was mixed on the week as it gained against most of the majors outside the greenback and British pound.

Kathy Lien gives an update on her currency calls.

The bargain was struck yesterday. The rich get to hold onto their money for another two years. And the poor get another 13 months of unemployment benefits. Win-win, right?

The feds are supposed to pursue corrupt operators. But now the feds are at the center of the racket.

An Indian investor can be optimistic.  He should be optimistic.  He should want to own a piece of the future.

Kathy Lien has some currency trades that she likes.

A little good economic news early in the week sent stocks tumbling last Monday and Tuesday. Then a little bad news later last week sent stocks soaring.