While most of the currency market was consolidating this past week, the high volatility underlying the market led the fundamentally weak British pound to push new lows. And, considering the outlook for growth and interest rates, the immediate future looks bleak for this once high-flying currency.

The feds are doing all they can to bail out the economy.  And for all their bailing, the water is still rising.

Is England the next Iceland?

Federal Reserve meeting minutes present event risk next week.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for November 14.

There’s quite a bit of downside risk for this particular Advance Retail Sales release, with disappointing readings likely to lead the US dollar lower for at least a brief time, though if risk trends remain in play, flight-to-safety could actually lead the “safe haven” currency higher.

In addition to the $1 trillion taken out by the savers, there's also the effect of less spending magnified all through the economy.

When the labor market is in trouble, the US economy is in trouble.

Bill Bonner takes a look at how financial losses are transformed into economic problems.