Mortgage delinquencies move higher…Euro pushed higher by European data…Economist predicts Norway will be first to raise…Mexico to leave rates unchanged…And Now… Today’s Pfennig!

Stocks push the currencies higher…Norway pulls out of recession…Jackson Hole boondoggle…Oil helps rally commodity currencies…And Now… Today’s Pfennig!

Dollar continues to slide…  US GDP contracts but not as fast…  Nordic currencies outperform…  Japanese yen continues to fall… And Now… Today’s Pfennig!

Obama defends his policies…Commodity currencies should outperform…Global Power Shift Index…And Now… Today’s Pfennig!

Bernanke sticks to the script…  Pound sterling comes under pressure…  China starts shopping for assets…  BRIC MarketSafe lights up the phones… And Now… Today’s Pfennig!

US leading indicators push higher…  Labor department admits errors…  Ben Bernanke heads to the hill…  PIMCO suggests buying emerging markets… And Now… Today’s Pfennig!

Risk aversion has left the building…  CIT survives without Fed help…  SNB tries to fight the markets…  Light week for US data… And Now… Today’s Pfennig!

Risk Aversion returns…  Money Multiplier dampens stimulus effects…  TIC flows show concern of foreign investors… China back on growth track… And Now… Today’s Pfennig!

Red ink flows…  Japan suggests diversification for their reserves…  Commodity currencies rebound…  Data galore for the rest of the week… And Now… Today’s Pfennig!