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Tuesday, March 20, 2012

Dollar Posts First Gain in Four Days, Treasuries Lose Rate Drive
British Pound: What is the Volatility Potential in Budget, BoE Minutes?
Euro Joins Dollar, Advances Against Most of its Counterparts
New Zealand Dollar Finds a Rudder in Risk Trends Against Upcoming GDP Release
Australian Dollar Suffers its Biggest Drop Against Greenback in Three Months
Japanese Yen Returns to its…

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US_Dollar_Rebounds_off_Key_Fibonacci_Support_body_Picture_4.png, USD Index Rebounds Off Key Fibonacci Level- Building Base for Rally?
US_Dollar_Rebounds_off_Key_Fibonacci_Support_body_Picture_3.png, USD Index Rebounds Off Key Fibonacci Level- Building Base for Rally?
The greenback rebounded off key Fibonacci support today with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) advancing 0.54% at the close of North American trade. The advance snaps a three day losing streak that saw the dollar come off sharply by more than 1.24% after testing long standing resistance at 10,080. The advance comes amid a broad-based risk sell-off…

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I spent the weekend attending a graduation in Washington State, a stone’s throw from where the 2010 Winter Olympics were held. While sitting through the tedious reading of 550 names, and listening to the wailing bagpipes, I did several calculations on the back of the commencement program.
I came to some startling conclusions. Higher education has grown into a gigantic…

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“We have 3,500 nuclear weapons left over from the cold war we don’t need, they take 20 seconds to re-aim, we’re not afraid to use them. And by the way, they’re already aimed at you.” That is the approach James Baker III thinks America should take with Iran, Ronald Reagan’s Chief of Staff and Secretary of the Treasury and George…

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ChipMOS Technologies (Bermuda) LTD (IMOS), is up 54% in two weeks and slightly less than that in the 12 days since I mentioned the stock in IMOS Breaks Out, But Implied Volatility Fails to React.
While the company did report earnings last Friday, the stock did not appear to have an immediate reaction to that report. After trading in a…

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DJ FXCM Dollar Index

Index Last High Low Daily Change (%) Daily Range (% of ATR)
DJ-FXCM Dollar Index 9990.42 10011.82 9940.54 0.46 110.80%

USD_Index_To_Threaten_Broad_Range_AUD_Coming_Up_Against_Support_body_ScreenShot035.png, USD Index To Threaten Broad Range, AUD Coming Up Against Support
The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.46 percent higher on the day after moving 111 percent of its average true range, but the greenback may face increased volatility over the next 24-hours of

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- Cable Keeps Breaking the Range
- It is in an Expanding Triangle
- An exact copy of March 2011
- This is our plan how to trade really wild price action
Guest_Commentary_MarketVisionTV_The_Truly_Nasty_GBPUSD_Trade_body_gbp2003.png, Guest Commentary: MarketVisionTV - The Truly Nasty GBPUSD Trade!
Wondered why Cable keeps blowing either side of the range? The answer is really exciting as it continues to repeat an almost extraordinary expanding triangle from last March…

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Crisis means opportunities.

Burj Khalifa in Dubai: tallest skyscraper in the world

Some of the greatest city in the world were hardly hit by the economic and financial crisis. Their real estate market suffered more than expected. Dubai, for instance, is one of the most visible example of a hard landing real estate market with Las Vegas. After consistent rising …

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Gold and silver started off the week rising along with many other commodities prices and major currencies including the Euro. But there is still no clear path for gold and silver as both zigzagged from gains to losses on daily basis in the past four business days. Today, Great Britain CPI will be published, U.S housing starts and building permits…

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Fundamental Headlines
- Bernanke Stands to Gain Financial-Market Experts with Nominees – Bloomberg
- Housing Starts in U.S. Fell in February from Three-Year High – Bloomberg
- Reluctant Russia wakes up to Energy Waste – Reuters
- Dollar Reigns as China Concerns Crank Up – WSJ
- GOP’s Budget Targets Taxes – WSJ
European Session Summary
If Monday was supposed…

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Talking Points

Euro: Spain Bond Auction Misses Target, Second LTRO Having Limited Impact
British Pound: Inflation Remains Sticky, All Eyes On BoE Minutes

Euro: Spain Bond Auction Misses Target, Second LTRO Having Limited Impact
The Euro struggled to hold its ground on Tuesday, with the EURUSD slipping to an overnight low of 1.3172, and the single currency may continue to…

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Nilus Mattive

In last week’s column, I talked about the tax treatment of various types of dividend payments … and toward the end, I said you could avoid most of the issues by investing in a tax shelter.
I realize that when a phrase like “tax shelter” comes up, most people think of shady businesses … secret bank accounts on tropical islands

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