US dollar is pulling back in Forex trading, heading lower after a few days of strength. Risk appetite is rising, and the greenback is losing steam as Forex traders look for higher yields. The US dollar index is falling, and is down to 80.27. Right now, focus is on better economic news, and risk appetite.

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The Malaysian ringgit fell today on concerns that Malaysia’s economy is slowing and after the US Federal Reserve refrained from quantitative easing, sparking the speculation that there will be less cash available for emerging markets.(...)
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Eurozone data continues to disappoint, leaving the euro mostly flat today. Even though euro is a little higher against the US dollar and the UK pound, gains have been somewhat insignificant so far. Concerns about recession in the eurozone are high, and there are still worries about sovereign debt.

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The Swiss franc climbed today after the Swiss National Bank maintained the ceiling for the currency and increased its growth forecast. The franc rose for the first day after two sessions of decline.(...)
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The Norwegian krone slumped against the US dollar yesterday and remained weak today as the nation’s central bank cut its key interest rate, surprising market participants and making them shun the Norwegian currency. Despite that, the krone was higher against the euro today.(...)
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