Forex Flash: USD expected to gain versus majors - Wells Fargo (Córdoba) - The US dollar should slip against commodity and emerging currencies, but gain moderately against the major currencies, according to the Wells Fargo analyst team.

"Fed easing and a probable US budget agreement would support global sentiment, and boost commodity and emerging currencies", they explain. "The greenback should gain against the euro, yen and pound however as those economic regions underperform and those central banks maintain an easy monetary policy stance".