RANsquawk 8th December US Late Morning Briefing - Stocks, Bonds, FX

Comments

[Anonymous]

12 Days of Christmas. I came up with the following lyrics.
Too bad I didn’t think of this sooner. I could have this recorded and out there just in time for the Christmas season.
In the twelfth month of office Obama gave to me _
Cabinet full of tax cheats,
More domestic spying,
Acorn fraud for voting,
Unemployment rates a reaching,
Wall Street thieving,
Cash for clunkers clunking,
Cap and trade for breathin_,
Government Owned Chevyyyyyyyyyyyyyyyy,
Trillion dollar debts,
Dollars for a printing,
Socialized healthcare,
And a bankrupt FDIC.

[Anonymous]

Now it is time for the Santa Claus rally to begin in earnest.

Cover your shorts fellow Zero's.

[Sagacious Sam]

Dollar continues to really put in a bottom here.  Rallying against all sorts of currencies and setting all sorts of technical signals.

USDCAD just crossed its 50 day moving average.  Plot here:

http://www.empirasign.com/rates/forex/macross/?xml=USDCAD

And it rallies against lesser currencies as well, 50d crossed versus the South African Rand as well.  Not sure this is of any economic interest other than those honeymooning in Africa any time soon.

Great fx headlines at this twitter feed:

twitter.com/empirasign