Market update for Thursday August 12th. The major stock indexes are holding on to being just below even for the day. Treasuries are slightly lower after some good moves to the upside most of the week. At last check the Sep 10 year note was at 125′10 down -0′09. The movers today seem to be [...]

Dollar makes biggest up move in nearly 1 year. After 2 months of the US Dollar moving steadily lower the Dollar is up 1.46 so far today. Most of the Dollar move is currently attributed to to the plunging stock market value and rising Treasury prices (lower rates). The Fed seems to be concerned with [...]

The Sep US Dollar Index is higher by .65 at 81.440. I believe some of the strength in the dollar is in anticipation of today’s Fed meeting. Just about all other commodities, financials and currencies are lower due to the strength in the Dollar so far today.
A couple of notable exceptions in the commodities that [...]

There was a big pullback in the US Dollar today. Looks like all the talk of the EU is disturbing the traders. The EU is trying to save their currency, they may be able to shake up some of the traders.
The fundamentals for the Euro FX stay the same. It is a non-linear currency. [...]

Good Morning, Looks like the markets are starting to come back in our direction after the last few days of pullback.
We have been short the major currencies, long the dollar and long bonds for the past few weeks. These have been great moves, especially the euro fx short.
The last few days we have given back [...]

Commodities are once again poised for higher movement as the US Dollar weakens. After much hoopla over the stimulus bill and housing bill, it looks as though commodities traders are beginning to realize that the US Dollar has little choice but to weaken.
With interest rates having little room left to move lower and due to [...]