The US dollar started the morning out on a strong note, but subsequently pulled back on indications of a worsening contraction in the US manufacturing sector.

If you're an investor, do you wish you had started accumulating assets and enjoying some compound growth many years ago?

The party line is that the world needs a bailout. Everyone says so. And now the senate, in its magisterial wisdom, has vowed to get back on the case until it comes up with something.

On the eve of the second Congressional vote for the US bailout plan, dollar traders have a singular focus on the stability of the financial markets. However, even after the crisis has been put to rest, it won’t take long before the realization that a recession and rate cuts are likely on the way sets in.

This week the euro sold off against 11 of the world’s top 16 currencies by trading volume on speculation the ECB will have to lower interest rates to prevent the region from falling into a recession.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for October 1.

Time to fess up. What do you know that you're not telling us?

What really is going on?

It is the end of the third quarter and demand for US dollars has been exceptionally strong.

The US dollar rebounded across the majors as the financial markets speculated that the Treasury’s bailout bill would be approved by the US House of Representatives eventually, despite its failure on Monday.