Talking stimulus again…  Currencies rally, then sell off…  Aussie Business Confidence slumps…  The Mogambo on Gold… And Now… Today’s Pfennig!

Pending Home Sales surprise!  Eurozone Retail Sales slump!  Tax cuts don’t create jobs…  Failure to follow through for the A$ And Now… Today’s Pfennig!

John Crooks says currencies dependent on commodities are in for a very tough 2009. He says weak global demand and a marked slowdown in China will keep commodity prices low. And that’s bad news for resource-rich Australia. John says a looming recession, widening trade deficit and interest rate cuts will send the Aussie dollar plummeting this year.

The currencies rally back! …  The risk takers are back! …  Mixed bag of economic reports…  A “cross thing” for sterling… And Now… Today’s Pfennig!

Euro gains, then loses, then gains…  Inflation and Commodities…  The euro turns 10!  Risk Aversion remains but is waning… And Now… Today’s Pfennig!

Santa rally continues…  Norway cuts 175 basis points…  Japanese intervention possible…  Indian rupee moves up… And Now… Today’s Pfennig!

Stuck for Christmas gift ideas? Why not try a barrel of oil? You can get one for around US$40 these days. That’s 54% lower than this time last year and 72% below the price on July 14th ($145.16).

2009 could the first global recession since the 1930s, according to a UN report. But John Crooks says forex traders can use the economic slump to make big profits. He picks four currencies that will be “on the chopping block” for 2009.

Currencies continue to rally…  More Stimulus…  Data shows more rot on the vine… And Now… Today’s Pfennig!

Bad data pushes investors into US treasuries…  Barclay’s says the euro will rally…  SNB surprises with a rate cut…  Iceland gets their bailout… And Now… Today’s Pfennig!