Dollar continues to rally…  John Taylor buys dollars…  Canada sees a deficit!  More bailout funding…  And Now… Today’s Pfennig! Good day… And a Marvelous Monday to you! Welcome to March too! Here and a lot of the country saw March come in like a lion, which means it should go out like a lamb, right? Let’s hope it begins turning in that direction before month-end! 9 days before I leave for Florida, the countdown begins!

Well… The currencies continue to trade heavy under the pressure of the dollar, and the “flight to safety” in Treasuries… The euro has lost the 1.26 handle and continues to look weaker and

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In the currency market, the dollar stabilized against the euro after it pared back early losses that pushed the exchange rate past $1.43. Late Monday, the euro was trading at $1.4013 vs. $1.4065 on Friday.  As with other markets, the eyes of traders were on the deteriorating situation in the Middle East.

“Euro strength and dollar weakness further emerge in thin trading activity as geopolitical uncertainty creeps higher,” wrote Ashraf Laidi.

Investors were also fleeing to the historic safe haven of the Swiss franc and sterling was pounded, moving to a record low vs. the euro.

Looking ahead, “The dollar is really going to struggle,” said Scott Ainsbury, a portfolio manager with hedge fund FX Concepts Inc. “There are just so many dollars in the system with this liquidity, and flushing all the banks with money is going to kill the dollar.”

And Bloomberg reported that: “Home prices for the 20

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PDollar’s fall last week is exactly what I’ve been warning about. Bear market in dollar is NOT over. See this article from Bloomberg. -- LarrybrbrDollar Staggers as U.S. Unleashes Cash Flood, Deficit (Update2) brbrDec. 15 (Bloomberg) -- The biggest foreign-exchange strategists and investors say the best may be over for the dollar after a four-month, 24 percent rally.brbrThe currency weakened 5.9 percent measured by the trade- weighted Dollar Index after strengthening between July and November as investors bought the greenback to flee riskier assets and repay dollar-denominated loans from lenders reining in credit. Ever since peaking on Nov. 21, the dollar fell against all 16 of the most-widely traded currencies, according to data compiled by Bloomberg.brbrU.S. policy makers are flooding the world with an extra $8.5 trillion through 23 different plans designed to bail out the financial system and pump up the economy. The decline shows that the increased supply ...