It looks that the fed is still possessed by the labor market losing jobs until now keeping its phrase of keeping the interest rate for an extended period of time warranted by low inflation pressure. The greenback came under pressure with no opposing voting but Hoening again who is still preferring taking a tightening action. The decision of keeping the interest rate unchanged between 0 to .25% was widely expected and it could keep the US stocks creeping up pace from falling. DOW could add another 43 points looking for January high at 10729. The investors' risk appetite has been supported by Fed's keeping this accommodative monetary stances further putting pressure on the greenback supporting the gold as a mirror of inflation in this time of suffering owes from the bonds markets amid credit downgrading which can give the gold another competitive feature versus the bonds which started to pay the cost of the governmental rescue plans and injecting liquidity in the recent 2 years into the nerves of the economy by increasing its stimulating spending, tax cuts and easing the monetary policies for spurring the investment and moving the economy out of the recession after the credit crisis.

Read more: 3/17/2010 - The Current Market Sentiment

The debt worries have come again containing the current market sentiment but this time by Moody's warning about the triple A crediting countries which supported the Japanese yen and the greenback across the broad weighing negatively on the risk appetite in the beginning of this week with surprising release of US Jan net long term of TIC flows at 19.1b$ and they were expected to be 50b$ from 63.3b$ in December while the total net TIC flows of January came at -33.4b$ from 60.9b$ in December.

Read more: 3/16/2010 - The Current Market Sentiment

The equities market could keep its creeping up trying to get back last January high when Dow reached 10729 again which is keeping the pressure on the greenback to lose ground across the broad amid increasing of the investors' risk appetite containing the market sentiment and building momentum at these current levels tending to the upside after bottoming out in Feb just below 10000. We have seen last week an improving of US Trade balance of deficit of January to be just -37.29b$ while the market was waiting for-40.3 b$ and by the end of it, US retails sales of February which were expected to be up monthly excluding the auto sales by .2% coming at .8% and broadly with the auto sales at .3% and also US University of Michigan consuming sentiment preliminary reading which was waited to be 73.5 from 73.6 in February came slightly lower than these expectations at 72.5 helping the US stocks indices to close the week up keeping the pressure on the greenback.

Read more: The Current Market Sentiment - 03/15/2010

The equities market are still creeping up trying to get last January highs when Dow reached 10729 again keeping the pressure on the greenback to lose ground across the broad amid increasing on the investors' risk appetite containing the market sentiment but it is still building momentum at these levels tending to the upside. We have seen today an improving of US Trade balance of deficit of January to be just -37.29b$ while the market was waiting for-40.3 b$ and by god's will, we wait today for US retails sales of February to be up monthly excluding the auto sales by .2% and flat broadly with auto sales and US University of Michigan consuming sentiment preliminary reading to be 73.5 from 73.6 in February.

Read more: 3/12/2010 - The Current Market Sentiment

The risk appetite is still containing the market sentiment putting pressure on the greenback capping its progress since the release of US Labor report of February last Friday which has shown a losing of just 20k jobs out of the farming sector. The equities market could keep hardly the gains of last Friday in the recent few days moving in sideways. The recent data has shown that the growing pace in US is still gradual while it is struggling in Europe which put further pressure recently on the single currency which gives the traders the reasons to sell it again. We have seen yesterday the germane trade balance of Jan coming at just 8.7b euros while the market was waiting for 16 from 16.7 in December and these data came after a slower than expected release of the germane total industrial productions of that same at just .6% while the market was waiting for 1% after falling in December by 2.6%.

Read more: 3/11/2010 - The Current Market Sentiment