The dollar rose broadly on Monday, hitting a near two-week high against the yen, as traders trimmed short positions in the U.S. currency following broad losses so far this month.

The yen rose across the board on Friday as a pullback in Wall Street shares and a drop in oil prices negated upbeat U.S. consumer sentiment, rekindling safe-haven demand for the Japanese currency.

European orders increase more than expected… Was Cash for Clunkers necessary?… Roubini sees a ‘W’ not a ‘V’…
Lessons from Mary Poppins…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!

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!

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!

Currencies trade in a tight range…  All Risk takers… Out of the pool!  Retail Sales really disappoint!  A plethora of data reports today… And Now… Today’s Pfennig!

Bad news for car makers rallies the US$…  Yen comes back strong…  Singapore to devalue?…  German Chancellor Merkel gives warning… And Now… Today’s Pfennig!

Gold steadied on Monday after falling 3 percent last week, supported by scepticism about an economic recovery, but the dollar remained a downside risk.

651K jobs lost in Feb…  Dec. and Jan Job losses revised up…  Talking Norway, Canada, Australia… Brazil stealthlike for 3 months… And Now… Today’s Pfennig!