In an effort to raise money, the British government is raising taxes.

The US dollar and Japanese yen were the weakest of the majors as a surge in risk appetite provided a big boost to "risky" assets, including the higher-yielding commodity dollars and stocks.

Tim Bourquin interviews trader Jeff White, who talks about his number one focus as a trader, the ways in which he finds where buyers and sellers have placed their orders using simple charts, and why he has a core and secondary watch list.

Pontiac is going out of business after 82 years.  And General Motors is being taken over by the government.

The stress tests on banks have caused a lot of jitters in the financial markets even before the outcomes were announced.

The US dollar and Japanese yen ended Tuesday on a mixed note, but risky assets remain on edge, which may leave the odds in favor of further gains for the low-yielders.

Risk aversion was alive and well throughout the financial markets at the start of the week, contributing to gains for the low-yielding US dollar and Japanese yen.

Will tax hikes and printing money lead to another recession in the very near future?

First quarter earnings may have been a positive factor so far, but the outlook is still far from encouraging.

The euro finished the week marginally higher against the US Dollar, but it extremely choppy price action makes it difficult to anticipate continued gains through near-term trade.