Despite all of the issues facing the US economy, we’ve seen that the US dollar continues to gain on safe haven flows, similar to what we see with gold and US Treasuries.

The British Pound strengthened for the third consecutive day to spike above 1.7500 despite mounting growth concerns for Europe’s second largest economy.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for October 15.

The U.S. government has already bought into nine major U.S. banks.

With the third quarter earnings season in full swing, the latest correction in the stock market is partially attributed to the fears of a recession.

The US dollar ended the day lower versus most of the majors, though the bulk of the action came overnight in anticipation of the US government’s big recapitalization plan announcement.

Stock markets continued to rally this morning on speculation that actions taken by policy leaders to inject liquidity in the banking system will help to reinstate investor's confidence in global financial markets.

The Japanese yen and US dollar remain weak while US stock market futures have surged as the US Treasury, Federal Reserve, and FDIC have announced unprecedented plans to recapitalize banks via preferred share purchases, while guaranteeing the senior debt of all FDIC-insured institutions.  Is this the answer the markets have been looking for?

The economic downturn in the U.S. may only get worse as economists project retail spending drop another 0.7% after falling 0.3% in August.

Now that last week's carnage has come to an end, where do we go from here?