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The dollar is under pressure from everything from economic problems to asset reallocation away from the U.S. and corporate accounting problemsI've entered a short for 70,000 usd/chf from 1.4563 targeting 1.45 , stop 1.4607Also , tomorrow chairman Greenspan reports to Congress and June Industrial Production figures come out with the expectation of a %0.4 rise along with June Capacity Utilization baring a consensus forecast for a %0.3 improvement.The 100,000 usd/jpy has been closed 6pips ahead. I'd hoped for a sustained appreciation to 116.40+ but doubt this will happen prior to the session close.It appears that trading is relatively thin this evening. Price formation among the majors is characterised by small average range variations in clearing prices at most intervals punctuated by 15 to 20 pip spikes, occuring in either direction, that are quickly returned. The latter is indicative of low liquidity.It appears that trading is relatively thin this evening. Price formation among the majors is characterised by small average range variations in clearing prices at most intervals punctuated by 15 to 20 pip spikes, occuring in either direction, that are quickly returned. The latter is indicative of low liquidity.The root of the problem is the U.S. current account deficit. If the U.S. doesn't have to attract an enormous amount of foreign capital, people wouldn't have to worry about domestic problems. One solution to this is a weaker dollar.