Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for December 1.

A trillion here, a trillion there and pretty soon you are talking real money.

The US dollar generally ended the week lower across the majors, but lacked the momentum to yield the breakouts expected amidst the low volume trading typical of US market holidays.

The euro is at a cross roads and the US dollar is a perfect fundamental and technical counterpart for the single currency. Risk trends, growth, interest rates and bailout efforts between these two economic superpowers will soon redefine the long-term trend of the currency market's most liquid currency pair.

Currency traders may see the Japanese yen lose ground as seasonal forces take hold of the financial markets on approach to the end of the calendar year.

A steady stream of disappointing economic data added further gloom to British economic forecasts, and the general mood remains dour for the British pound.

Why not charge a proven deflation-fighter with running the Treasury?

The EUR/USD currency pair has pulled back into Fibonacci zone support.

The US dollar generally ended the week lower across the majors, but lacked the momentum to yield the breakouts expected amidst the low volume trading typical of US market holidays.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for November 28.