It was just under ten years ago that I was in Spain and Portugal for a vacation and a day of running with the bulls in Pampalona. Unlike most trips to Europe,…
Jon C. Ogg The Japanese Yen took a breather today on some similar news that we saw last week regarding intervention. The Nikkei News reported this afternoon that Japan was about to intervene to keep…
Jon C. Ogg Things may still be difficult in America, but Germany’s Info Institute gave a German sentiment reading that was not just above expectations. It grew to the highest level in 3 years. This…
It is no secret that suddenly the U.S. dollar is back as the king, and more importantly that the Euro could be changed to the peso. The euro was over $1.50 just…
Jon C. Ogg Friday’s surprisingly strong job report sent the dollar soaring (NYSE: FXE, FXB, FXA, FXY). Skittish currency traders got the impression that the improvement in the job market might prompt the Fed to…
This morning the Bureau of Labor Statistics announced that the unemployment rate had dropped from 10.2% to 10% and that nonfarm payroll jobs declined by just 11,000. The market rallied in the…
