Gold Shines On Monday!

* CBR cuts internal rate 25 Basis Points. * Euro gains 1 full cent on election thoughts. * Russia continues to accumulate Gold! * Bond Boys aren’t true believers. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tom Terrific Tuesday to you! Well, another journey […]

Healthcare reform is pulled off the table.

* Healthcare reform fails. * Dollar falls back to pre-election levels. * UK Prime Minister May expected to officially trigger Brexit. * Gold moves higher… And Now, Today’s A Pfennig For Your Thoughts. Good morning. Chuck is recovering from Friday’s surgery which went well and he plans to be back […]

A Growing Challenge To U.S. Dollar Dominance

With the Federal Reserve’s recent interest rate hike, the U.S. dollar has been grabbing all the currency headlines recently. Traders are actively debating what the current pace of Fed tightening means for the dollar. So far, it doesn’t look good. The market was bracing for a more hawkish Fed, and […]

Trump faces his first big test.

* Say a prayer for Chuck. * Trump’s first big test. * New Home sales rise. * Palladium hits a 2 year high… And Now, Today’s A Pfennig For Your Thoughts. Good morning. As you all are aware, Chuck is headed under the knife first thing this morning – getting […]

Testing Optimism In The U.S.

* Dollar continues to drift lower. * Sterling and rand outperform overnight. * Gold continues to inch higher. * RBNZ leaves rates unchanged ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tub Thumpin’ Thursday to you! Well, I didn’t get to sit in Roger Dean […]

It’s Chuck’s Birthday!

* U.S. stock sell off causes risk off! * Currencies are a mixed bag today * Gold has nice performance! * RBNZ meets tonight! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day.And a Wonderful Wednesday to you! If you think I’m over the whining, you have better […]

Heeeeeee’s Baaaaaaccccckkkk!

* Dollar weakness turns to mini-trend * G-20 drops protectionism language. * RBNZ meets this week! * Gold recovers! . ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Marvelous Monday to you! I know I’m just back from a week away, but next week I […]

Investment Opportunities In The World Currency Market

Editor’s note: The following piece is an advertorial. It is my turn again to share some thoughts with all of you faithful readers of the Daily Pfennig® newsletter and, as is typical, I sat down to the computer staring at a blank screen wondering just what I would write about. […]

End The Week On A Good Note…

* Frank’s conversation starter * Dollar continues losing ground * Dane’s market update * Setting up for a quiet week And now. Today’s A Pfennig For Your Thoughts Good Day and top of the morning to you. It’s St. Patrick’s Day and I forgot to wear green this morning, so […]

Dollar Falls Like A Rock After Fed Meeting…

* Fed hikes, but disappoints * Currencies and metals skyrocket * CPI remains steady * New Zealand GDP And now. Today’s A Pfennig For Your Thoughts Good Day and welcome to Thursday morning. The market action following the Fed meeting was fairly strong as the dollar index was down about […]

Fed Decision Is Imminent…

* Currencies on hold * PPI increases * Oil volatility * Waiting for the Fed And now. Today’s A Pfennig For Your Thoughts Good Day and welcome to Wednesday morning. Well, the digital countdown showing the hours, minutes, and seconds until the Fed rate decision will be prominently displayed on […]

Let the Fed countdown begin…

* Frank’s update * Data starts picking up * UK moving forward with Article 50 * Ruble lower on oil And now. Today’s A Pfennig For Your Thoughts Good Day and welcome to Tuesday morning. As it turns out, Chuck is under the weather and will be away from the […]

Labor Market Continues Higher…

* February jobs * Rate hike prospects * Dollar to hover * Currencies on the rise And now. Today’s A Pfennig For Your Thoughts Good Day. Chuck isn’t available this morning so I received the last minute call to step in and bring the Pfennig to you today. While I […]

The Fed Is Meeting – Rate Hike Or Not?

Mark this date on your calendar: March 15, 2017. It could be an important day for the markets. As you may know, the Federal Reserve is holding a two-day meeting this coming week and on March 15 at 2 p.m., it will make an announcement on interest rates. Fed Chairwoman […]

A Jobs Jamboree Friday!

* Dollar still sits on top of the hill!.. * Oil slips below $50. * ECB has a surprise for the markets. * Bill Gross chimes in.. . ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Happy Friday to one and all! I woke up […]

U.S. Productivity Falls To Slowest Pace Since 2011…

* Dollar still sits on top of the hill!.. * ADP says 298,000 jobs created in Feb. * BOC meeting was non-event, ECB today. * 10 most expensive places to live in the U.S. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tub Thumpin’ Thursday […]

It’s All About The Dollar, Folks..

* Dollar still sits on top of the hill!.. * German IP starts the year strong! * Chuck gives his opinion once again!. * U.S. Trade Deficit Widens.. again! ********************** And now. Today’s A Pfennig For Your Thoughts. Good Day.And a Wonderful Wednesday to you! A strange day yesterday for […]

RBA Leaves Rates & Bias Unchanged..

* Dollar still sits on top of the hill!.. * RBA is quite upbeat and optimistic! * Gold gets sold and loses $9.20. * Chuck admits he made an error! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tom Terrific Tuesday to you! Well, Monday […]

No Recovery. No Jobs. No Growth..

* Dollar still sits on top of the hill!.. * 3 Central Bank meetings this week!.. * What happened to Silver on Thursday?.. * What’s up with the Cost of Living? ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Marvelous Monday to you! Well, did […]