It’s All About the euro/ dollar Cross!

Good day… And a Wonderful Wednesday to you! Mikey, Mikey, what day is it? It’s Hump Day! I loved that commercial! But then I do believe I’ve told you that before, so come on Chuck, get with the program here, and talk about stuff you haven’t mentioned before! Sorry! But […]

The Euro Steps Up To The Plate…

******************************************** And now… Today’s A Pfennig For Your Thoughts… The Euro Steps Up To The Plate… Good day… And a Tom Terrific Tuesday to you! Another Chamber of Commerce day here in the Midwest yesterday, almost gets the awful rain and floods out of my mind from late last month. […]

Kiwi Gets The Ball Rolling!

Good day… And a Marvelous Monday to you! Whew, I really missed the boat on Friday, I was so much in a fog that I completely forgot to mention Mother’s Day! And what a day it was here in Midwest. It was absolutely beautiful, as are all the mothers out […]

RBNZ Disappoints.

In This Issue. * Moodys downgrades Canadian banks. * Yen gets back to weakening! * Germany data is strong!… * Oil and petrol currencies rally! . ********************** And now. Today’s A Pfennig For Your Thoughts. Good day. And a Tub Thumpin’ Thursday to you! I’m really draggin’ the line this […]

U.S. Economic Numbers Continue To Be Weak.

In This Issue. * Dollar has the conn again. * Gold rallies on GT’s ratcheting higher! * RBNZ to meet tonight… * Russian inflation sees huge drop! ******************************************** And now. Today’s A Pfennig For Your Thoughts. U.S. Econonmic Numbers Continue To Be Weak. Good day. And a Wonderful Wednesday to […]

Aussie Retail Sales Dissapoint!

In This Issue. * Dollar has the conn again. * A$ is worst performer overnight!. * OPEC attempts to jawbone Oil higher.. * Short Paper Traders aren’t finished . ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good day. And a Tom Terrific Tuesday to you! Man this cold […]

Eurozone Sees Another Crisis Averted!

In This Issue. * Dollar has the conn again. * China’s FX reserves increase again!. * Oil and Gold had a bad week.. * French parliamentary elections next . ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good day. And a Marvelous Monday to you! We got back on […]

Yes, Virginia, Earnings Do Still Matter

By the last week of April 2017, approximately two-thirds of the S&P 500 Index will have reported first quarter earnings.1 This earnings season will likely be highly scrutinized and dissected for the simple reason that it is the first reporting period within the new Trump administration. Not that the first […]

US House votes to repeal and replace.

In This Issue. * US House votes to repeal and replace. * Norway keeps rates unchanged. * Euro moves higher on hawkish ECB. * Gold drops back to 100 day moving average… And Now, Today’s A Pfennig For Your Thoughts. Good morning. Frank will kick things off again this morning […]

FOMC cements the case for a June rate increase.

* Fed statement sends June odds above 75%. * Dollar up across the board. * ADP report shows smallest gain since October. * Precious metals sink after FOMC… And Now, Today’s A Pfennig For Your Thoughts. Good morning. I received a note from the Big Boss Frank Trotter yesterday, telling […]

A Pfennig for Your Thoughts 5/3/2017

Good day. And a Wonderful Wednesday to you! I feel like I’ve been cut off from the rest of the world this morning, as our internet connection, for email, wireless and TV have been shut down because of the flood waters, and won’t be back up and running until the […]

U.S. Economic Data Continues To Print Weak!

Good day… And a Tom Terrific Tuesday to you! Boy, am I ever dragging the line this morning.. I’ve had two consecutive days of doing more than I’m used to, and I’m feeling the effects of all that this morning. The river keeps rising, and that means our little creek […]

1st QTR GDP Prints At Just 0.7%!!!!

In This Issue. * Currency rally Friday. * Is erased in the overnight markets. * CBR cuts rates 50 Basis Points!. * Lots of Data in the U.S. This week. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good day. And a Marvelous Monday to you! And welcome to […]

Kicking The Can Down The Road Again!

In This Issue. * Currencies are stronger this morning. * Commodity currencies rally!.. * ECB & Riksbank disappoint Chuck!. * Following up on Kondratieff. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good day. And a Happy Friday to one and all! I woke up, and my head didn’t […]

Traders Don’t Think Trump’s TRP Will Pass.

In This Issue. * Rupees and pounds rally. * kiwi is worst performer overnight!.. * Oil remains below $50. * What’s Fannie thinking? ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good day. And a Tub Thumpin’ Thursday to you! I finally got my bearings straight yesterday, and showed […]

The Return Of The Big Dog?.

In This Issue. * Euro and “euro-lites” rally. * Rubles continue to really.. * Oil remains below $50. * Ever heard of a Kondratieff Wave?. And now. Today’s A Pfennig For Your Thoughts. Good day. And a Wonderful Wednesday to you! Well, we draw closer to the end of the […]

Same Mixed Bag-O-Currencies Today.

In This Issue. * Euro and “euro-lites” rally. * Rubles and real rally!. * Oil drops below $50. * US to put 20% Tariff on Canadian lumber. And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Tom Terrific Tuesday to you! I’ve got to get this out […]

French Elections Send The Euro Soaring!

In This Issue. * Euro and “euro-lites” rally. * Rubles and real get sold. * Lots of GDP reports this week. * Oil barely hold on to $50. ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Marvelous Monday to you! It was a busy weekend, […]

Promises. Promises. Promises. Will The U.S. Tax Code Ever Get Changed?

Promises. Promises. Promises. Will The U.S. Tax Code Ever Get Changed? “If you drive a car, I’ll tax the street. If you try to sit, I’ll tax your seat. If you get too cold, I’ll tax the heat. If you take a walk, I’ll tax your feet.” The Beatles, “Taxman” […]

More Signs The U.S. Economy Is Weakening.

In This Issue. * Mixed bag-o-currencies today. * China to cut their RR? * A$ carves out gain. * Chuck goes bananas again! ******************************************** And now. Today’s A Pfennig For Your Thoughts. Good Day. And a Happy Friday to one and all! Right from the get-go this morning, let’s do […]