The euro ended yet another week with losses, falling to the lowest level in a year against the dollar and to the lowest in a decade against the yen, as Europe enters the new year with its crisis unresolved.

Canadian dollar is largely mixed in forex trading today, looking for direction as concerns about the oil supply mesh with speculation about what’s next for the global economy.

US dollar is almost universally lower today, thanks to a small amount of optimism as the year draws to a close. However, even though the greenback is lower on the day, the currency looks to post an annual gain against the euro.

The New Zealand dollar advanced today against most major currencies as global stocks gained and outlook for the US economy remained positive, increasing demand for higher-yielding assets.

The Great Britain pound fell today against the Japanese yen to the lowest level in a month as UK house prices declined in December, reinforcing fears of the economic crisis in Britain. The currency rose slightly versus the US dollar.

The Canadian dollar weakened today against the US dollar and the Japanese yen as Europe continues to trouble the Forex market, while unemployment claims in the United States rose last week.

The Hungarian forint declined today, though it currently attempts to regain strength, as the result of the debt auction wasn’t favorable and the rating agencies downgraded the nation’s credit rating.

Euro is fluctuating between gains and losses against the US dollar today in forex trading. The 17-nation European currency is looking for direction as forex traders prepare to close out positions as the year draws to a close.

Japanese yen is leading the majors today as trading thins out during the second-to-last trading day of the year. In an interesting turn of events, equities have decoupled from their normal association with high beta currencies as the euro and the pound lose ground against the yen. US dollar is also down against the yen.

The Russian ruble declined today as prices for crude oil dropped amid concerns about the situation in Europe and Russia’s central bank widened the currency’s trading range.