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!

US$ continues to be propped up…  SEK moves up vs. the US$…  Japanese yen falls….  Gold prices come down … And Now Today’s Pfennig!

Japan’s exports were cut nearly in half last month as the global downturn crushed demand for the country’s electronics and automobiles, a development that increases the odds that the Japanese yen could be poised for a tumble.

G-7 kisses up to China…  The dollar swings a mighty hammer…  Eastern European loans weigh on the euro…  Gold kicks tail and takes names later! And Now… Today’s Pfennig!

The dollar and the yen gained ground on Monday as grim Japanese data intensified global recession fears and encouraged buying of safer assets, while concerns about trouble in eastern Europe pressured the euro.

Caterpillar Offers 2,000 Early Retirements; Canada Posts Rare Trade Deficit; RIM Meets 4Q Expectations, Barely; GE Powering Middle East; Dollar Rises Against Yen, Euro; GM Seeks Saab Funding From Sweden; Gold Hits 7-month High; China Injects $19.5 Billion Into Rio Tinto

Talking stimulus again…  Currencies rally, then sell off…  Aussie Business Confidence slumps…  The Mogambo on Gold… 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!

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!

European shares gain for third consecutive session… Euro up against dollar, yen as risk aversion ebbs …  SPDR Gold Trust ETF, iShares silver ETF at record