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[B]Just last week I’ve introduced the [URL="http://www.forexcrunch.com/tweet-my-trades-real-time-forex-poisitions-on-twitter/"]Tweet My Trades[/URL] feature, and there’s already a new and interesting announcement: 3 widgets from Thomson Reuters are now available to Currensee members.[/B]

The 3 new widgets can be purchased by [B][URL="http://www.currensee.com/?lead=ev-fc"]Currensee members[/URL][/B], and they offer information. Trading Desk contains trading ideas with stop loss and take profit points among other figures. Squawk Box shows fundamental and technical articles with Reuters’ unique views.

The third is Order Board, which I find the most interesting one: it show points were significant stop orders can ...

EUR/USD

The Euro remained generally fragile ahead of the US employment data on Friday, but did find some support below the 1.3650 level against the dollar as there was caution over further aggressive selling.

The headline US payroll data was slightly weaker than expected with a decline of 20,000 for the month while December’s decline was revised to 150,000 while there was a downward adjustment in the annual benchmark revision. In contrast, the reported unemployment rate declined to 9.7% from 10.0% which was the lowest rate since August, although there will be doubts over the reliability of the survey and it is also the case that the workforce declined considerably over the month. There will be some optimism surrounding ...

Long-time readers know we are big fans of the boom-bust theory of price action, as first I saw articulated by George Soros back in 1987 in his book, Alchemy of Finance. (It is by the way the same time I learned of Karl Popper and the black swan; and name our firm accordingly, back in 2003.)

We use the boom-bust construct to help us understand better, but never with anything approaching perfect knowledge (if one can ever approach such a thing), where we might be in the current cycle regarding the dollar.

A visual of the boom-bust looks like this:

(see picture below)

A written summary, defining the stages:
1. The unrecognized trend; the beginning of a self-reinforcing process ...

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Real-time Monetary Inflation (last 12 months): 2.2%

Last week really tested the mettle of metal-owners. An early-week bullish head fake was followed by some nasty selling that left COMEX spot gold nearly $31 an ounce lower for the week. Long liquidation was the name of the game on Wednesday and Thursday, but Friday the shorts rushed in. Well, maybe not rushed, but they weren't walking to get to the trading rings, that's for sure. Open interest rose nearly a percentage point for the week as shorts and longs passed each other at the doorway.

One reader decided to come through the door as a buyer on Friday. He wrote: "I bought a little Barrick Gold Corp. (NYSE: ABX) as a new position this morning at $33.77. I'll ...