Browse by Tags

Daily Pfennig

Blog Subscription Form

  • Email Notifications
    Go

Archives

  • Judgment day has arrived for Euro banks…

    In This Issue..

    * Judgment day for European banks...
    * US data beats estimates, but is still bad...
    * South Africa leaves rates unchanged...
    * Fannie and Freddie still in limbo.

    Good day. And welcome to what hopefully will be a fabulous Friday for everyone. I know it will be a good one for me, as I am heading out the door as soon as I get this written. My son is playing in the Show Me Tournament this weekend which is Missouri's little league state championship. Should be a fun weekend of baseball, but a bit hot as temperatures are expected to stay right around the triple digits...
  • Gold Breaks Through!

    In This Issue..

    * Euro trades in tight range
    * Gold hits new all-time high...
    * Audit The Fed gets gutted...
    * Budget cuts all around, but not here!

    Good day... And a Wonderful Wednesday to you! Some wild storms ripped through our area overnight and left a mess! I had to change my route to work 2 times, due to road closures. But, just like the Pony Express... I made it here, and so the Pfennig will go out!

    Well... Yesterday was a change in the weather for the currencies, as we saw a very tight trading range with no wild swings up or down, which has been the routine for a month now. The euro traded in a range of 1.2675 to 1.2740, going back and forth all day... This morning, as I turn on the screens, the euro is at the bottom of that range....