calvino

Pending Home Sales Help Dollar Recover

Right-o. The dollar gapped downon the jpy when trading opened, however someone decided to bring it up two yen, so it was done, starting at five pm on Sunday. The housing had zero, zip, zilch and nothing to do with it.

Chinese, European Bankers Won’t Dance With The Fed

Good writing! Strange that the loon is getting pounded here. Granted the canucks won't be making money like before trading with usa, however they do have the only fiscal surplus in the G7 and solvency may become more important if there is a rush out of the American peso.