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<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="http://wwww.fxstreet.com//fundamental/market-view/daily-pfennig/index.xml"><channel><title>Daily Pfennig</title><description /><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/</link><image><title>Fundamental Analysis</title><link>http://www.fxstreet.com/fundamental/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title>The Big news overnight came from China</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/23/</link><description>Good day. And a Tub Thumpin' Thursday to you! What the heck was I thinking, was running through my mind when the alarm went off this morning. In an attempt to relieve Chris from having to write the Pfennig this morning, I told him not to worry about it, I would write it.. All the time knowing that my flight from Houston wasn't getting in until very, very late.. And that was before all the cancellations! What the heck is going on with the aviation sector? It's a very long story, so I won't bore</description><pubDate>Thu, 23 May 2013 12:23:17 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/23/</guid></item><item><title>Looking for direction from Chairman Bernanke</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/22/</link><description>Good day. We finally got a break from all of the storms last night, with most of the major storms passing just south of the St. Louis area. The break was certainly appreciated, as my two dogs have kept me up most of the last two nights. I have a yellow lab and a smaller lahtese who work each other up whenever a storm rolls through. My wife actually went to the vet to get some 'doggie downers' yesterday as nobody in our house was able to get any sleep with our two dogs all hyped up by the</description><pubDate>Wed, 22 May 2013 13:19:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/22/</guid></item><item><title>Waiting and wondering when QE will end</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/21/</link><description>Good day. I'll start this morning's Pfennig with a quick correction. Many readers emailed me after spotting my error in referring to Stephen Poloz as the new Prime Minister of Canada. Mr. Poloz was not elected to replace Stephen Harper, but instead will be joining the Bank of Canada as Governor, replacing Mark Carney who is transferring over the the top job at the Bank of England. Poloz will take over the reins of the BOC on June 3rd. Ok with that out of the way, let me see what confusion I</description><pubDate>Tue, 21 May 2013 13:38:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/21/</guid></item><item><title>Both Consumer Confidence and Leading Indicators surprise on the upside</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/20/</link><description>Good day. Storms knocked the power out at my house last night, so I woke a bit later than I wanted to and had to scramble to get ready by the light of my phone (yes, I have finally caught up with the rest of my family and have become dependent on my phone for more than just phone calls). I saw a number of branches littering the roads on the drive in, so the wind must have been pretty strong. The weather man said we will be getting more storms this morning, I hope Chuck was able to sneak out of</description><pubDate>Mon, 20 May 2013 13:33:29 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/20/</guid></item><item><title>U.S. Data Continues To Disappoint</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/17/</link><description>Good day. And a Happy Friday to one and all! My trip to the Las Vegas Money Show was very telling to me about what people are thinking these days. I wrote about my "misadventures in Las Vegas" for the June issue of the Review &amp;amp; Focus that you'll have in your hands the first week of June, that is, as long as you're a client of EverBank World Markets! I'll just quickly mention, that I don't believe that many people wanted to hear about debts and deficits any longer. They've gone on to jump</description><pubDate>Fri, 17 May 2013 12:10:27 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/17/</guid></item><item><title>Finally, I wasn't seeing all red...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/16/</link><description>Good day...and welcome to Thursday morning. My wires must have been crossed up when I said Chuck was set to return today because it wasn't long after the Pfennig hit the servers yesterday that he responded back to me with a reminder that Friday actually marks his return. So, I guess I was a day ahead of myself. With that said, it's going to be short and sweet today as we had another case of déją vu. The dollar maintained control once again, but did loosen its grip as the day progressed. We're</description><pubDate>Thu, 16 May 2013 12:22:28 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/16/</guid></item><item><title>Stop me if you've heard this one before...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/15/</link><description>Good day...and welcome not only to Wednesday morning but also the half way point for the month of May. It was a different day but the results were the same as the dollar took liberties with the other currencies once again and most traded within a fairly tight range. It's been the same old story for the past several days, so I'm starting to feel like a broken record, but it's what we have to deal with right now. I guess we'll come right out of the gates with US economic data. Well, the first of</description><pubDate>Wed, 15 May 2013 12:17:53 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/15/</guid></item><item><title>April sales number took control...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/14/</link><description>Good day...and welcome to Tuesday morning. It looks like spring is finally here to stay in the Midwest, or should I say hopefully, after a fairly chilly start of the season. I overheard someone talking on the desk that it has been the third coldest spring on record so far, but I'll take that any day of the week instead of oppressive heat. The US dollar's grip on the currency market remained firm, but most currencies were in a tight range for a majority of the day. The string of dollar strength</description><pubDate>Tue, 14 May 2013 12:01:05 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/14/</guid></item><item><title>The dollar kept going and going...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/13/</link><description>Good day...and welcome to Monday morning. I'll be taking you through the first half of the week while speaking engagements take both Chuck and Chris out of town. It was a busy weekend so it was a little tough to get the wheels spinning for me this morning, but what at first looked to be a washout actually turned into chamber of commerce type of weather. Well, there is plenty to talk about so let's jump right in. The dollar buying that Chuck was talking about on Friday remained in place all day</description><pubDate>Mon, 13 May 2013 12:02:01 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/13/</guid></item><item><title> Markets Turn Irrational With Dollar Buying</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/10/</link><description>Good day. And a Happy Friday to one and all! The Currencies and metals took a shot to the mid-section yesterday, as the momentum seems to be gathering for a dollar buy bias. Japanese yen sailed past 100 to 101 and more overnight, and the euro and A$ are having a rough go of it even still this morning. Things have really swung in favor of the dollar this week, folks. I guess that's what happens when there is basically very little data to prove that to be a bad idea. The one piece of data that</description><pubDate>Fri, 10 May 2013 12:11:06 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/10/</guid></item><item><title>Renminbi Rises To Highest Level Since Peg Was Dropped</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/09/</link><description>Good day. And a Tub Thumpin' Thursday to you! Uh-Oh, our Blues are in deep dookie folks, as they lost on home ice last night! UGH! The Defending Stanley Cup Champion L.A. Kings are proving to be very difficult to beat, and now lead the Blues 3-2 in their best of 7 Series, that now heads back to L.A.. This is BIG news here in St. Louis, folks, so sorry if you couldn't care less about hockey! Well, yesterday's currency rally that we talked about in the early morning, remained in place throughout</description><pubDate>Thu, 09 May 2013 12:39:03 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/09/</guid></item><item><title>A New Recruit For The Currency Wars.</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/08/</link><description>Good day. And Wonderful Wednesday to you! We finally saw the sun again yesterday, YAHOO! Not that I want to play weatherman, but it appears that the rain will return this week just in time for the start of the weekend. UGH! I have a side story that's related to the soggy conditions here in the Midwest, a little later in the letter today. The RBNZ is selling kiwi, the Norges bank is meeting while I write, and Germany sees another strong economic report this morning. These stories and more right</description><pubDate>Wed, 08 May 2013 12:17:50 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/08/</guid></item><item><title>Looking Under The Hood</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/06/</link><description>Good day. And a Marvelous Monday to you! Another wet, soggy, and colder than normal weekend here in the Midwest. UGH! The only thing that brightened it up was the 4-game sweep of the Brewers by my beloved Cardinals! The Jobs Jamboree on Friday was a surprise, but not when you look under the hood, and RBA meets tonight. Plenty to talk about on this first Monday of May, so let's not hang around here too long! Front and Center this morning, London is closed today, and Japan was closed last night,</description><pubDate>Mon, 06 May 2013 12:10:24 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/06/</guid></item><item><title>A Jobs Jamboree Friday!</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/03/</link><description>Good day. And a Happy Friday to one and all! Can you believe that tomorrow is the Kentucky Derby? Man, did that sneak up on me! The Kentucky Derby, to me, has always been an indication that spring is finally here. Of course, the people out west getting hammered with a snow storm won't agree with that! The one year that I lived in Des Moines, IA it snowed in May, and I said, I'm not sticking around here any longer! The weekend is here! So that means that the rain is also here! But I'm not going</description><pubDate>Fri, 03 May 2013 12:23:27 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/03/</guid></item><item><title>Vinnie Barbarino. "I'm So Confused".</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/02/</link><description>Good day. And a Tub Thumpin' Thursday to you! You know, when I greet you each morning, with a silly rhyme for the day, it's all about life. It's not about the markets, profits, losses, or anything else. It's about life, and we need to separate life from all the other things that get confused with life. When you've had the experiences I've had, you look forward to each day, with hopes of having a Tub Thumpin' Thursday, or Tom Terrific Tuesday. I have no idea why I just said all that. I guess</description><pubDate>Thu, 02 May 2013 12:09:56 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/02/</guid></item><item><title>It's All About The Fed Today</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/01/</link><description>Good day. And a Wonderful Wednesday to you! It was a grand night for St. Louis last night, as both the Cardinals and Blues won their games by a score of 2-1, with the Blues needing overtime to gain their victory. Well. I just had to stop, and allow my computer to reboot, as the propeller heads must have loaded some new software, that gets loaded the next time I sign on, and then the computer has to reboot. Oh well, better now than when I'm on stage in two weeks at the Las Vegas Money Show!</description><pubDate>Wed, 01 May 2013 12:37:39 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/05/01/</guid></item><item><title>Central Bank Meetings Dominate</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/30/</link><description>Good day. And a Tom Terrific Tuesday to you! The sun actually appeared in the sky yesterday, YAHOO I said! I know they've done studies on the sun's affect on our moods, but if they ever wanted to do a new one, I volunteer to be a subject of the study, because I would show just how much me seeing the sun each day improves my mood! I always figured that's why "grunge music" was started in the Northwest! HA! The Fed Heads begin a 2-day FOMC meeting today, with the final announcement on rates due</description><pubDate>Tue, 30 Apr 2013 13:17:01 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/30/</guid></item><item><title>One In 5 Households Now On Food Stamps</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/29/</link><description>Good day. And a Marvelous Monday to you! Well, I told you on Friday, that the rain was coming our way, and we had a rain soaked weekend, but, I didn't know it was going to be so darn cold, and raw. We're almost to May, folks! This is not supposed to be what the weather is like for this time of year! But, all my complaining won't change anything, so I just need to settle down, and take it one day at a time, eh? Sort of like what we've done with the Eurozone for almost a year now, for it was</description><pubDate>Mon, 29 Apr 2013 12:10:34 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/29/</guid></item><item><title>TGIF! </title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/26/</link><description>Good day. And a Happy Friday to one and all! It's finally Friday! A very long week for me, so, I for one am very happy to see Friday! I know my buddy Alex can't wait for the weekend to get here, as he looks more worn out to me every day! We end the week with rain storms moving into Missouri, so they should get here just in time to ruin our weekend, and dark clouds forming over the currencies and Gold, so let's get going before we get caught in the rain! HA! Alrighty then! Since there's not a</description><pubDate>Fri, 26 Apr 2013 11:49:15 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/26/</guid></item><item><title>All Three Anti-Dollar Assets On The Rise</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/25/</link><description>Good day. And a Tub Thumpin' Thursday to you! My beloved Cardinals got their brooms out yesterday and swept the Nationals in Washington D.C. The Cardinals have to be persona non gratis in Washington D.C. given the 9th inning rally last year to knock the Nationals out of the playoffs, and now this sweep. A better day for me yesterday, but today has started out on the wrong foot, with me oversleeping by an hour this morning! UGH! So. no time to dawdle. Let's go to the tape! Well, the dollar</description><pubDate>Thu, 25 Apr 2013 12:20:15 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/25/</guid></item><item><title>Australia To Allocate Reserves To China</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/24/</link><description>Good day. And a Wonderful Wednesday! It occurred to me yesterday that we had gone past Earth Day. I bet you were glad that I didn't just recycle an old Pfennig for you! HA! It was a weird day yesterday, as I went home with a stomach problem, and then slept most of the day. You know, the Big Boss Frank Trotter, asked the other day how I was feeling. And I think what I told him holds true most of the time. I feel about as good as someone can that takes chemo twice every day. And so it is. So.</description><pubDate>Wed, 24 Apr 2013 12:33:31 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/24/</guid></item><item><title>Manufacturing Reports Send Currencies Lower</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/23/</link><description>Good day. And a Tom Terrific Tuesday to you! Well, it looks like it's back to one of those Risk Off Days today. UGH! Not that one day of trading makes a trend, it's just that I thought we had passed the days of Risk On and Off, where all the risk asset classes of Stocks, Currencies and Commodities get traded together, forgetting about fundamentals. Although it was a report from the Eurozone, and another from China that sent the risk assets to the woodshed to begin with. OK. So, the markets</description><pubDate>Tue, 23 Apr 2013 12:13:48 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/23/</guid></item><item><title>Demand For Physical Gold Soars!</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/22/</link><description>Good day. And a Marvelous Monday to you! Well, that was good news late Friday night, eh? Switching between the Blues hockey game, and the Cardinals baseball game, and the cable news was the order of business, after I got home from another water polo game! 6 games last week, and 6 more this week. I think the chlorine is seeping into my skin! HA! At least those natatoriums are warm! Well. Front and Center this morning, is the price action in Gold. The shiny metal is up another $30 this morning</description><pubDate>Mon, 22 Apr 2013 12:12:29 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/22/</guid></item><item><title>Back On Terra Firma</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/19/</link><description>Good day. And a Happy Friday to one and all! The FBI say that they have killed one of the Boston bombing suspects and that the other suspect is on the run, armed and dangerous. Let's hope no one else gets hurt in this chase. I was pleasantly surprised at how quickly the authorities came to find the two men they believe responsible for the bombing. Kudos to the authorities, for sure! But scary times for the people of that area with an armed and dangerous suspect on the run. Be careful! Well,</description><pubDate>Fri, 19 Apr 2013 12:35:30 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/19/</guid></item><item><title>Bundesbank Goes All Dovish On Us!</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/18/</link><description>Good day. And a Tub Thumpin' Thursday to you! Another crazy day in the markets yesterday. The markets were swing dancing all day. The dollar index had its largest 1-day upward move of 1.1%, but, Gold held onto a positive tone most of the day, so all-in-all, not such a bad day for the commodities. Obviously nothing like we saw last Friday and this Monday. Well. leave it to me to deep six something. All I have to do is put the Chuck talks nice about something spell, and then watch it get the</description><pubDate>Thu, 18 Apr 2013 12:30:03 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/18/</guid></item><item><title> Riksbank Changes Horses</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/17/</link><description>Good day. And a Wonderful Wednesday to you! A cold, wet, soggy day here yesterday. We are expecting more of the same today, except it is supposed to warm up a bit. April showers bring May flowers, right? What do May flowers bring?... Pilgrims! HA! Gotcha! Dusty Springfield is singing to me this morning, so I've got that going for me! Well. I asked the question yesterday. "Will the healing continue?" And, the answer was. yes, although at one point in the day, it appeared that the NY Boys would</description><pubDate>Wed, 17 Apr 2013 12:43:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/17/</guid></item><item><title>Will The Healing Last?</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/16/</link><description>Good day. And a Tom Terrific Tuesday to you! What a horrific scene in Boston at the Boston Marathon Finish Line yesterday. On Patriot's Day in Boston, someone or some group planted bombs near the finish line and set them off yesterday as thousands of participants attempted to finish and spectators watched. Here's what I know at this point: The White House says the explosion will be handled as an act of terror. Three people have lost their lives and over 100 are injured with at least 8 in a</description><pubDate>Tue, 16 Apr 2013 12:46:46 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/16/</guid></item><item><title>Tax Day!</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/15/</link><description>Good day. And a Marvelous Monday to you! Well. it's Tax Day. April 15th! The day snuck up on me, even though I saw it coming. My tax guru, is probably shaking his head at my excuses but, that's what I'm here for. to entertain! HA! Traditionally, I begin the April 15th Pfennig with some lyrics to Tax Man by the Beatles, but since I did that for the Sunday Pfennig &amp;amp; Pfriends, I won't repeat it today. Instead, I'll go with, Supertramp's, Give a little bit. There's so much that we need to</description><pubDate>Mon, 15 Apr 2013 13:03:44 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/15/</guid></item><item><title>Frank On TV!</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/12/</link><description>Good day. And a Happy Friday to one and all! Those nasty and devastating storms that moved through our area on Wednesday night and left a ton of destruction, continued on to the East last night. Hopefully everyone was safe. Remember, houses can be replaced, lives cannot. Well... Did you get to see my long time friend, and Big Boss, Frank Trotter on Bloomberg TV yesterday talking with Pimm Fox? He was also on the Street.com with Joe Deux, of whom I've held many a conversation with. I have the</description><pubDate>Fri, 12 Apr 2013 12:13:22 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/12/</guid></item><item><title>Bailing Out Of Yen...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/10/</link><description>Good day. And a Wonderful Wednesday to you! Another day, another dime. (inflation ate away my dollar!) A much better result for my Cardinals last night. Our Blues also won, so a good night sports wise here in St. Louis. I really pushed the envelope last week in San Diego, and I've been paying for it since. No worries though, I'm catching up on rest, very quickly! Did you see the story where the teen girls pulled a 3,000 lb tractor off their dad, saving his life? Hey boys, you had better not</description><pubDate>Wed, 10 Apr 2013 12:08:24 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/10/</guid></item><item><title>Central Banks Switch To A$'s...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/09/</link><description>Good day. And a Tom Terrific Tuesday to you! A beautiful Opening Day that was ruined by the end result of the game. But that didn't ruin what had to be one of the best Opening Days, weather wise, I can recall! Little Delaney Grace sat with me for an inning or two, asking me questions, she was so darn cute in her baseball dress and baseball bows. Made me forget about how badly our 3rd basemen (both of them!) play defense! Well. Things just keep getting stranger by the day here in the U.S.</description><pubDate>Tue, 09 Apr 2013 12:19:10 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/09/</guid></item><item><title>Draghi uses another lifeline</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/05/</link><description>Good day.and welcome to Friday morning. Since Chuck and Chris are on the set list at the Global Currency Expo, I'll be at master control today. Well, it's been exactly one week since my last visit with you and the market is singing somewhat of a different tune. It was one of the more action packed days yesterday, at least for the currency market, that we've seen in a while so there's no shortage of stuff to talk about. At times, it reminded me of a suspense novel with a few good plot twists</description><pubDate>Fri, 05 Apr 2013 12:43:57 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/05/</guid></item><item><title>Bank of Japan surprises the markets with aggressive stimulus</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/04/</link><description>Good day. I am in a bit earlier than usual this morning as I want to try and wrap some things up before I have to rush out the door in hopes of getting to the airport on time. But it always seems that no matter how early I start, I just never seem to be able to push the Pfennig out the door any earlier than my normal time (a bit late compared to Chuck and Mike!). The big story driving the currency markets this morning is the BOJ's decision to become even more aggressive in their attempts to</description><pubDate>Thu, 04 Apr 2013 13:14:53 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/04/</guid></item><item><title>The IMF adds 1 billion euros to the Cyprus rescue fund</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/03/</link><description>Good day. Chuck is headed out to California, and I will be following him tomorrow afternoon in order to attend the Global Currency Expo at the end of this week. I am looking forward to getting the opportunity to rub shoulders with all of the 'currency experts' which will be in attendance, and also look forward to meeting a few of our EverBank clients and Pfennig readers! Mike will be taking on the Pfennig Friday while both Chuck and I are out, but I will have the conn today and tomorrow. Now</description><pubDate>Wed, 03 Apr 2013 13:11:32 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/03/</guid></item><item><title> Someone Is Reading The Pfennig!</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/02/</link><description>Good day. And a Tom Terrific Tuesday to you! What a day yesterday! The first one at the office and on the trading desk in a long time, left me quite tired yesterday afternoon when I left for home. But I'm back, and ready to take on today, full of you know what and vinegar! I do leave tomorrow for San Diego and the Global Currency Expo, and I found out yesterday that longtime friend and colleague, Chris Gaffney, has decided at the last minute to go to San Diego too, so that leaves Mike Meyer to</description><pubDate>Tue, 02 Apr 2013 12:38:05 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/02/</guid></item><item><title>Heeeeee's Baaaaaacccckkkk!</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/01/</link><description>Good day. And a Marvelous Monday to you! And welcome to April! I bet some of you were thinking that Mike was attempting to pull an April Fools Day joke on you, by saying I would be back to today, and then surprise you with him instead of me. But, no AFD joke. Several years ago, on April Fools Day, I went into an elaborate story about the Treasury bubble exploding and what the markets looked like when I came in and turned on the screens. Then I said Gotcha! But too many readers were not</description><pubDate>Mon, 01 Apr 2013 12:22:42 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/04/01/</guid></item><item><title>It's a thin market today...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/03/29/</link><description>Good day.And welcome to Friday morning, which happens to be not only month end but also the conclusion of the first quarter. Chuck is back in the saddle on Monday morning so that will take care of it for me, but I'm sure he has a bunch of stuff that he saved up while he was away. I talked to Chris yesterday and it sounds like he is having a great time in the Northeast. I think we have a full desk next week, so I'm definitely looking forward to that. Well, it was an interesting day yesterday as</description><pubDate>Fri, 29 Mar 2013 12:05:29 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/03/29/</guid></item><item><title>Cyprus is open for business...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/03/28/</link><description>Good day.and welcome to Thursday morning. The finish line for this week is finally in sight and it can't get here soon enough. It's been a busy week, to say the least, for the markets as well as the trade desk here at EverBank. I guess time flies when you're having fun, but his back and forth movement looks more like a ping pong match than anything else. Since the market sentiment changes as often as the dinner special at your favorite restaurant, I've at least had something to talk about for</description><pubDate>Thu, 28 Mar 2013 12:18:58 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/03/28/</guid></item><item><title>US economic data dominated...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/03/27/</link><description>Good day...and welcome to Wednesday morning. We still have a couple of weeks before we can finally put freezing temps and winter weather behind us in the St. Louis area, but it's still nice to look ahead into greener pastures. The markets were able to look past the European problems yesterday since there weren't any new details causing additional concern. So, the majority of the focus remained with the US economic data reports. Since I've already brought it up, let's jump right in. As I</description><pubDate>Wed, 27 Mar 2013 12:46:12 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/03/27/</guid></item><item><title>The dollar regained some ground...</title><link>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/03/26/</link><description>Good day...and welcome to Tuesday morning. We spent most of the day here in the Midwest digging ourselves from the weekend's blanket of snow. We officially saw just over a foot of snow, which is a ton for the St. Louis area, but the overall conditions could be been a lot worse. The road crews were prepared and the temps were very cooperative, so all in all, it was more of an inconvenience than a catastrophe. I think we can draw the same comparison to the agreement with Cyprus. As I had</description><pubDate>Tue, 26 Mar 2013 12:42:59 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/fundamental/market-view/">http://www.fxstreet.com/fundamental/market-view/</category><author>Service@everbank.com (EverBank World Markets)</author><guid>http://www.fxstreet.com/fundamental/market-view/daily-pfennig/2013/03/26/</guid></item></channel></rss>