FXstreet.com (Barcelona) - After the small drop suffered yesterday it seems that the Dollar has stabilized. Cornelius Luca, economist at GFT said that the dollar sank versus the European currencies on Wednesday, but consolidated quietly against the yen. Today's support levels will be at 1.4417 and then 1.4345 and the resistance levels over 1.4532 and then 1.4575.

Luca also added that now that Europe has returned to trade, expect sideways to lower trading for the US currency.