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  • A Change Of Heart?

    In This Issue..
    * Very Tight trading ranges...
    * Gold and loonies are cheaper today...
    * What are these guys thinking?
    * China not 'ideal' to buy gold?

    Good day... And a Terrific Tuesday to you! Well... Here we are this morning, the currencies have basically remained stalled, with only the 'higher yielders' making any headway, albeit small headway.

    The non-dollar currencies saw a bit of selling yesterday morning, after I signed off, but have rebounded, like I said, a bit in the overnight markets. There's a feeling among us here on the trading desk that we're about to break out here... It's either going to be a break out to the high side or the low side... But I doubt that we're going to remain in these tight ranges for too much longer. But, that's just my opinion, of course, I could be wrong!...
  • German Investor Confidence Declines...

    In This Issue..

    * Risk makes a comeback... At least today!
    * ZEW / German Confidence slips 5th consecutive month...
    * Something scary at the Treasury auction...
    * Popping the ego bubble...

    Good day... And a Terrific Tuesday to you! Thanks to all who sent along their thanks for my Valentine's Day Special Pfennig... It's not what I wanted to send you, but what I had to do, to properly inform you of what's going on... You know, I've been accused by more than a few people over the years as being a cheerleader for the currencies, and doing nothing but reporting bad news for the dollar to promote the currency business here at EverBank.

    You know... If all I ever report is bad news, then maybe that's all there is! But... I've fought those things for years, and this is but one more time, that I've warned about something regarding currency values......