Rehashing Two Key Points

Quickly, a brief market update before I revisit two components vital to global recovery, as we see it.

Yesterday the European currencies struggled while the commodity dollars firmed up … that is until US stocks began rolling over late in the session to ultimately finish the day flat. The dollar strengthened.

The US dollar was stronger early this morning, giving it back now, while the British pound is the weakest of the pack. Many analysts noted the particularly dismal day that gold had yesterday after finishing last week on a strong note.