EUR

In fact only a handful of panelists paint an objective picture of the state of the economy of Germany, that is not bleak, but it is not at all bright. A fact that doesn't show up in official statistics is employment in part time agencies. These are companies who employ workers even academics and engineers and lend this workforce to industries also part time. These are more or less fix-a hole-in-the-bucket- jobs , not innovative.
Of course the payment is much lower then in full time jobs, and further these firms compete with each other for the highest productivity that is the lowest price for the best workers.
In fact it is a deflationary spiral. And it breaks the backbone of the economy, small and medium sized innovative industries which cannot afford full time employers as their competitors
with lended part timers are cheaper. Consequently then as the part time employers employ only
perople aged up to 40, a big treasury of human resources is long term unemployed.
And that has proven a death knell for an economy that depends on export of top quality top innovative products.

Good poiint! And Germany also has many working part-time who need full time work with better pay and benefits. Ahh, statistics . . .

T note trading can be very profitable. T note 2 year is not a good vehicle but 5 y and 10 y is good. I think prices will rise already on Tuesday.

Tnot prices and yields indicate vanishing demand for USD BUT EUR is only supported by that there is no increased demand for EUR. In fact EUR remains weak . It could be EURUSD touches 130 on US Labor day and that will be it. Some folks developed a habit to confuse EUR with Deutschmark und German economy with eurozone economy that is dead wrong. On the other side if EUR is so obviously confused with Deutschmark then the consequent action is break up of the common currency.

catnip
gold doesnot looke like it wants to break its 200MA
second time it test it .