June 17, 2019 *Data in U.S. is so-so, certainly not great! * Fed’s FOMC meets this week… get out the gameboards! Good Day… And a Marvelous Monday to you! Yesterday was Father’s Day… I hope all the Dads out there had a Grand Day… It looked like it was going to be a rain filled … Continue reading “Dollar Bugs Use Currencies Like A Punching Bag…”
June 13, 2019 * dollar fights back on Wednesday, despite some awful debt news… * Two Oil tankers are attacked, and the U.S. is pointing at Iran…. Good Day… And a Tub Thumpin’ Thursday! Blues Win, Blues Win, Blues Win… For the first time the 50 year history of the Blues, they are the Stanley … Continue reading “And The Stanley Cup Champions Are… The St. Louis Blues!!!!”
June 12, 2019 *Currencies trade flat on the day with little to no movement * What will the next recession bring us? spoiler alert… Chuck’s scared… Good Day… And a Wonderful Wednesday to you… If I heard the announcer correctly last night he said that 6,308 people were in the stadium for a major league … Continue reading “Who’s Walking On The Sunny Side Of The Street?”
June 11, 2017 * A tourniquet was wrapped around the bleeding currencies yesterday * What’s up with the rising 10-year Treasury yield? Good Day… And a Tom Terrific Tuesday to you! I had a dear reader send me a note last week that was dripping with sarcasm… he said, “I just heard that Tom Brady … Continue reading “Well, Is There A Meeting At G-20, Or Not?”
June 10, 2019 * Currencies and metals rally on Friday… * But then get turned around on the Mexico Trade deal announcement… Good Day… And a Marvelous Monday to you! Well, we had the opportunity last night to put the finishing touches on the Stanley Cup Finals… But it was not to be… I say … Continue reading “Come On BLS Can’t You Give Us The Real Jobs Numbers?”
June 6, 2019 * The dollar bugs fought back on Wednesday… * ECB meets today.. Will they see the writing on the wall? Good Day… And a Tub Thumpin’ Thursday to you! It’s also D-Day… Yes, on June 6, 1944, the largest seaborne operation was put into place on the beaches of France… If you’ve … Continue reading “RBA Cuts Rates For The First Time In 3 years!”
June 5, 2019 * Currencies and metals take a pause for the cause Tues. * Jeopardy James, loses!!!! How’d that happen? Good Day… And a Wonderful Wednesday to you! A day of catching breaths was the order of the day on our Tom Terrific Tuesday… The Blues had won on Monday night, so all the … Continue reading “Venezuela Defaults on Swap With Deutsche Bank…”
June 4, 2019 * Currencies and metals continue to move higher VS the dollar * A hedge fund refuses redemptions… Got Gold? Good day… and a Tom Terrific Tuesday to you! Another beautiful day here yesterday, too bad they weren’t playing baseball here last night! For tonight the weather people say that we’ll see T-Storms … Continue reading “Bullard’s Comments Sends The Dollar To The Woodshed!”
June 3, 2019 * FSOC meeting spooks the markets and sends the dollar reeling… * An addition Trade War begins with Mexico… Good Day… And a Marvelous Monday to you! And Welcome to June! Pfennig Tradition calls for: June is busting out all over, all over the meadow and the fields…. Wow! What a … Continue reading “Dollar Bugs Head For Cover!”