by Chuck Butler
Daily Pfennig
Good Day… And a Tom Terrific Tuesday to you! Peter Gabriel greets me this morning with his song: In Your Eyes. Peter Gabriel was the original lead singer of the group Genesis, who had moderate cult-like success with him, but when he left the band for a highly successful solo career, the band now with Phil Collins singing took off! This all occurred during the height of MTV’s video playing, so people were inundated with songs from both on the radio and TV! It took me quite a few years before I could listen to either performer again…
Well… As the day went along yesterday, the currencies fought back against the dollar, and some won some ground back that was lost in the early morning trading. The euro has firmed again, and is trading above 1.10.. We’ve seen these attempts to “firm” in the past couple of years, only to have the euro thrown under a bus by European Central Bank (ECB) President, Mario Draghi…