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Cool Video: Being Cold and Having a Cold: What is the Connection? Cool Video:  Being Cold and Having a Cold:  What is the Connection? Reviewed by Marc Chandler on February 23, 2014 Rating: 5
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Cool Video: How Do Light Bulbs Really Work? Cool Video:  How Do Light Bulbs Really Work? Reviewed by Marc Chandler on February 22, 2014 Rating: 5
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Currency Positioning and Technical Outlook: Skeptical of Breakouts

February 22, 2014
The technical outlook for the dollar against the major currencies is not clear.  Yet, given the key events over the next two weeks, we are suspicious of the market's willingness to sustain breakouts.  This seems particularly true for the euro, where it has drawn within striking distance of the old nemesis in the $1.3800 area.
In the week ahead…
Currency Positioning and Technical Outlook: Skeptical of Breakouts Currency Positioning and Technical Outlook:  Skeptical of Breakouts Reviewed by Marc Chandler on February 22, 2014 Rating: 5
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Canada Update

February 21, 2014
Canada reported dreadful December retail sales and somewhat stronger than expected price pressures in January.  The main take away is that a more dovish line from the central bank when it meets on March 5 is likely avoided.  

Here's why:  The retail sales collapse can be written off to poor weather and power outages. The central bank has been p…
Canada Update Canada Update Reviewed by Marc Chandler on February 21, 2014 Rating: 5
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Dollar Ending Week Quietly

February 21, 2014
The US dollar is little changed against the major currencies.  It has spent the week largely consolidating the recent moves.  After falling against all the major currencies last week, it recovered somewhat against most this week.  The main exceptions were the euro and Swiss franc, which have gained less than 0.3%.  
The weakest of the major currenc…
Dollar Ending Week Quietly Dollar Ending Week Quietly Reviewed by Marc Chandler on February 21, 2014 Rating: 5
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