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In This Issue.

* Bias to buy dollars emerges.

* China prints strong manufacturing index.

* Eurozone manufacturing improves.

* Back to selling yen.

In This Issue.

* A few currencies attempt to rebound.

* China stops buying Eurozone debt.

* Could they stop buying ours?

* Norges & BOE leave rates unchanged.

In This Issue.

* euro gets caught in yen /dollar crosses.

* Central Bank meetings this week.

* China balks at helping Eurozone.

* Cardinals Win 2011 World Series!

In This Issue.

* Dollar fights back.

* Eurozone inflation remains high.

* Aussie unemployment drops.

* Silver Sage, Ted Butler.

In This Issue..

* Currencies rally back...

* Swedish krona is top overnight performer...

* Eurozone Consumer Confidence is firmer...

* The dollar wins the race to the bottom!

In This Issue..

* China boosts euros...
* Chinese exports soar!
* RBNZ hikes rates!
* Bernanke on the "hill"!

Good day... And a Tub Thumpin' Thursday to you! Well, we have a new Stanley Cup Champion, and plenty more to talk about today! The Mid-West has been in one of those weather patterns that sees the day heat up, then produce violent storms, and then clears up... Sometimes it seems as though this lasts forever!

OK... Well, Front and Center this morning, the euro is pushing higher on some words from Asia... Seems that China is very much behind the euro, and made statements related to that thought, which really put some starch in the euro's shorts overnight. The thing I worry about right now, is the European Central Bank (ECB) meeting that's going on as I type my fat fingers to the bone... The ECB could crush this mini-rally in the euro in a heartbeat by saying the 'wrong thing' at their press conference that will be held after the ECB announces that rates will remain unchanged.

In This Issue..

* Another roller coaster day in the US...
* TIC data shows China and Japan losing their appetite...
* Eurozone members support Greece...
* Precious metals rise...

Good day... We had a pretty busy day in the currency markets yesterday, with the dollar rising sharply in the morning only to sell off again after lunch. The selling continued in Asian trading, and the dollar index is back down to levels it was at this time yesterday morning. These roller coaster rides will probably continue as the markets just don't seem to know where to take the currencies. Short term moves will continue to be exaggerated, but the long term dollar continues to be in place.

As I pointed out yesterday, this is a very busy week for data here in the US, and yesterday started us off with a bang. The volatile Empire manufacturing number showed a slight tick up but pretty much came in where it was expected. The more important Industrial Production and Capacity Utilization numbers followed, and both confirmed the US economy is continuing to recover; albeit at a slow pace. Industrial production increased .1% in February, and Capacity Utilization also increased to 72.7%. This data got the day started off right for dollar bulls, and the greenback shot up.