PipStop

Other than it being an absolutely beautiful day today in Vancouver, and wondering why I'm still inside and not on the patio, I do have  few thoughts.

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++ So the Fed decides to keep it's rate at 2% - Good for Bernanke and the gang. With every cut from 5.25% - 2% the spotlight grew grossly larger. Of course today's news didn't affect the dollar bulls, according to Kathy Lien, who were obviously expecting something else. I, along with the venerable Rob Booker had the same "what the crap" moment.

++ The Yen is in an 11-month low against the euro. As a side note, it is bonus time in Japan for most salaried employees who ordinarily get two times their monthly pay, twice a year. Wouldn't that practice be nice on this side of the world?

++ Who's still looking for the Holy Grail? Suckers keep looking.

++ Whether it's hawkish euro, hawkish dollar, hawkish peso, I don't care, I just love the work "hawkish." This is a great headline, though, "Hawkish Trichet boosts euro." Amidst all the economic craziness and currency movements, can't we have a little fun?

++ Speaking of fun, FXstreet.com has added two more bloggers in James Chen and Sunil Mangwani. I hope both have a prosperous run!