The big theme to close the week and the month of May appears to be the rising tide of optimism for economies around the world. Strong production data out of Japan , growth figures from India along with rising retail sales in Germany conspired to send the dollar through $1.4100 on Friday allowing euro bulls to write that number on a trading ticket for the first time in 2009. The Japanese yen managed to rally despite recent evidence that its investors are growing increasingly confident and are investing overseas. However, following an awful Chicago-area PMI reading this morning it advanced against the dollar to ¥95.82 while against the euro it rallied to ¥134.91.
