A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings, Everyone and Welcome To Saturday!
Writing-Time for me is about 9 A.M…. so it is 16:00 GMT.
With The G8 Summit this weekend in Italy… most Markets tend to weigh heavily on a lot of the Rhetoric that comes out of these “loaded” Meetings.
For many of us who tend to deal Primarily in The Currency Markets, these Meetings do not hold a lot of Weight… at least historically… as Currency have been largely “Ignored” in terms of any Commentary.
This time around… we do know that The Overall Sentiment of The U.S. Dollar is becoming ( and is…) increasingly Negative.
We do know that the massive Q.E. Program is moving at such a rapid pace here in the U.S., that Recovery in the “Very Long-Term” may come sooner for our entire economic situation… but a what Price?
The rest of our World Friends are not involved with “Cranking The Printing Presses” to such an Extent and to such a Deep Degree, which while a bit disadvantageous in The Near-Term… will surely be more “Healthy” in the Longer-Term.
Obama’s Band-Aid may be made of High-Carbon Refined Steel… but in the End… It will surely not be The Sharpest Knife in The Drawer!
Interest Rates are not a Factor here… They WILL Rise… and The REAL Question is simply When.
The Bond Yields are on Fire because Inflationary Concerns have to be controlled and are under Pressure to be controlled…. and the Key here is there is NOT a lot of Confidence in The current Administration that Inflation is being “Checked at The Door”, if you will.
The Sentiment…and Actions… of The Current Administration are heading right “Into The Wall” of Inflation under the “Justification” of letting the Economy stabilize and recover.
In my personal View… this is Ill-Advised and is already proving so when we simply look at the massively increasing Fiscal Deficit of 2009 that has already been accrued under the “guise” of Health and Recovery.
Buying your Way out of a Conflict does NOT resolve The Conflict Itself.
It simply presents YOU with ANOTHER Conflict!
Please join me tomorrow as we jump back into a little Analysis before The Sydney Open… and see if we get some Rhetoric out of The G8 coming across The Newswires!
Please join me then, and have a fine Day, Everyone!
