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Monthly Archives: September 2011
Currency roll over to occur on Monday
US$ is rallying with the trade at 76.655 up 38.8 points near its high of 72.720. Not that there’s anything wonderful happening at the G7 meeting of chronic and habitual liars club, but because short traders in the currency have … Continue reading
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Triple Witch Thursday
US$ is having a hard time staying at these lofty levels, US$ current price stands at 76.65 down 22.5 points close to its low of 76.540, Treasuries are being supported only by rumors of another interest rate cut on the … Continue reading
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Stumbling thru Triple Witch Week
US$ is trading down 5.7 points with the trade at 76.940 with a low so far at 75.895, Treasuries are being supported in the shortest terms with the outer years the weaker. Petro Products are flat to mixed with … Continue reading
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Can you stay on the bucking bronco called precious metals??
US$ is losing support at these lofty levels and is trading at 77.275 down 39.1 points after touching the low of 77.030, next Monday we’re looking at the Dec contracts in currency. Treasuries had support early on but are quickly … Continue reading
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Triple Witch Starts early this month
US$ is flat with the trade at 77.335 up 3.5 points after reaching a high of 77.885 and not because we fixed the flagship problem, only because Europe’s currency situation is worse. All September currencies will come off the table … Continue reading
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A forced reaction to a non-event speech
US$ is trading higher because of Europe’s chaos with the trade at 76.670, up 31.8 points with its high so far at 76.770, Treasuries are weak across all years giving very little evidence of what was spoken last night by … Continue reading
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Gold and Silver overtake the bear raid
US$ is trading at 75.650 up 8.4 points near its high of 74.720. Treasuries are getting support throughout all years from the overseas banking community and most likely no one else. Energy Products took on a huge move yesterday after … Continue reading
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Germany backs the Euro Currency
US$ is trading down to 75.680 a negative of 37.5 points after yesterdays European fear factor pushed bankers into the dollar’s rally, the support for the short term treasury instruments has shown up as well today keeping a lid on … Continue reading
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Global Stock Markets collapses and Metals get hammered?
US$ is higher by 18.2 points with the trade at 75.415 close to its high of 75.485 leaving treasuries unsupported in the front months with minor support in the 30 year. Petro Products seem to be part of the play … Continue reading
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Gold and Silver chopping thru to new highs
US$ starts the day off in the negative with the trade down .07 of a point at 74.550 close to its low of 74.505 giving Treasuries no support in the shortest of terms and minor support on the further contracts. … Continue reading
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