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The U.S. Dollar continues its three-day decline against G10 currencies as trading volumes thin ahead of Christmas. While initial jobless claims slightly outperformed expectations, higher continuing claims offset the impact. Historically, December weakness in the Dollar often extends into the New Year. The Euro is gaining strength, supported by the European Central Bank’s clear interest rate trajectory, with a potential rate hike expected later in the year. Meanwhile, the Japanese Yen has gained over one percent this week, driven by thin trading and adjustments in Japan’s bond issuance and currency intervention strategies. Monex USA wishes everyone a joyful holiday season and reminds listeners of adjusted holiday hours.