With the exception of the USD/JPY, US Dollar strengthened across the board overnight, even though the Bank of England and the European Central Bank kept rates steady.  There are just too many variables lining up to hammer the European Union right now and that has brought strength to the USD against the Euro for obvious [...]

It doesn’t seem like it is fair, when we have big news coming out of so many countries, that the markets seem to be holding their breath for the United States’ Non-Farm Payroll report.  Fair or not, that certainly seems to be the case.  Generally speaking, rallies in the stock market and in commodities translate [...]

It may not seem like much to you, but watching the results of Monday’s Dallas Federal Manufacturing Activity jump from 3.8% to 8.3% was pretty exciting for me.  That’s almost a 5 point jump and may be a good forecast for production out of the US.  I started looking back at other production indicators:  Chicago [...]

It’s all the buzz right now and I’d be surprised if you haven’t already heard about it, but the CFTC (www.cftc.gov) has put a proposal on the table that, in part, is recommending changing the US Forex leverage limitations further to 10:1.  (It also proposes an increase in capital requirements for brokers, registration requirements for [...]

If you’ve been watching the economic reports coming out of the UK for the past year, or even the past couple months and you may have noticed that the GBP has been as fundamentally range-bound as it has been technically.  This is significant because while the Euro has garnered most of the international attention, at [...]

With  import prices on the rise, gaining almost 5 points this month up to 8.6% from 3.7% in the YoY data, the steady rise in producer prices since September 2009 going from -6% to December’s 1.8 and gas prices going from steady to slightly raised the   US fundamentals are lining up, again, to illustrate an increase in [...]

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There’s a reason the charts look choppy right now, there has been a lot of mixed data in the latter part of this week.  With the IMF changing its projection for global writedowns by 15% the market had a little moment of excitement.  If the IMF is willing to decrease the amount of money it [...]

The CAD and the CHF both had some pretty good news this week. The CHF seems to be bouncing off of a long held support area after the market had digested its good news, imports are up, money supply is up, real estate is up. The market seemed to yawn at all the good news, [...]