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  • RBA raises interest rates...

    .........But First, A Word From Our Sponsor.......... Countries poised to benefit from rising commodity prices: combined into one CD That's the Global Power ShiftSM Basket CD from EverBank®. In one CD, get the currencies of 4 countries rich in natural...
  • It's Not My Fault!

    In This Issue..

    * Currencies mount a mini-rally...
    * Let's blame someone else...
    * Eurozone manufacturing rises...
    * Brazil tries something new...

    Good day... And a Marvelous first Monday of 2010 to you! It's very cold here, much like most of the country, and there's no forecast that has our temperature even reaching the freezing mark this week... So... It's hunker down, stoke up the fire, and find a good book to read weather!

    The Chill that has settled down on us here in the Midwest, has tried to settle in on the currencies going into the end of the year... But... Here we are, it's 2010, a new year, and new ideas for the currencies... We'll have to wait-n-see what comes out this week and next, for there will be plenty of pundits, analysts, writers, and so on, that come out with their forecasts for 2010... Me? The song remains the same folks... Fundamentally speaking, there's only one direction the dollar should go... But, then, we need to get to fundamentals again, eh?...
  • A Leak Of The Stress Tests?

    In This Issue..

    * Currencies trade in a tight range...
    * U.K. Budget announcement...
    * When will Treasuries follow Gilts?
    * Gold as a currency...

    Good day... And a Wonderful Wednesday to you! Another bad night for your Blues, which means their season has come to an abrupt halt... They are a young team, so they'll be back, next year...

    OK... The euro traded in a very tight range yesterday with a bias to sell dollars, but like I said, it was very tight... The Aussie dollar rallied very strongly during the day, adding over 1-cent to its figure. It sold back some of that 1-cent gain overnight though. As the upbeat stock session, immediately turned sour after the close... As I said yesterday, there was a lack of data to help the currencies along, and they had to rely on the earnings season for direction....