Tired of reacting to rumors!  Aussie dollar continues to rally…  More on China…  Bank of England keeps rates unchanged… And Now… Today’s Pfennig!

A Huge currency rally… The games people play now…RBA leaves rates unchanged…Brazilian real is the daily winner! And Now… Today’s Pfennig!

Gold pushed slightly higher in Hong Kong on Monday, but there was little further action until early in the second hour of New York trading, when the metal suddenly went vertical, busting through the $900 barrier, adding $15 in less than a half-hour and topping out at $907, but that was it for the day, as it eased through the rest of the Comex and the Globex, to finish at $903.20/oz., up $17.40. Overnight, gold is slightly lower.

US GDP falls more than expected…FOMC holds course…Canadian dollar has a great week…Oil helps commodity currencies…And Now… Today’s Pfennig!

Weber opens Pandora’s Box…  A record low for Capacity Utilization!  Do I hear a Chicken?  China’s economy grows 6.1%  And Now… Today’s Pfennig!

A change in the Trading Theme? …  Gold rebounds Big time! …  ECB cuts 50 BPS, as expected…  Lots of lessons today… And Now… Today’s Pfennig!

China to grow 8%? An end for Mark-to-markets?  What will the ECB do today?  Gold at a discount…. And Now… Today’s Pfennig!

BOE to cut rates today…  ECB will wait to cut for now…  Black clouds forming for India?  German factory Orders Plunge! And Now… Today’s Pfennig!

“Yes we can,” as incoming president Barack Obama famously declared in his presidential victory speech. Head down the road to The Capitol and we’ll need to modify that to, “Yes, we might,” as lawmakers in Congress debate an $825 billion economic stimulus package.

Risk Takers return…  Bank of America gets more cash!  30-year mortgages below 5%!  Looking for direction… And Now… Today’s Pfennig!