Like any civil war, the civilians are getting killed.  They're ambushed by higher consumer prices one day and bushwhacked by falling asset prices the next.

The US data released today was weak, but the reaction in the dollar has been limited.

Economic expansion in the UK is anticipated to slow significantly during Q2 to match a three-year low of 1.6 percent, down from 2.3 percent in Q1. If anything, the odds are in favor of a more dramatic slowing.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for July 24.

President Bush has dropped his threat of a veto for the housing bill that will bail out both Fannie Mae and Freddie Mac.

Nothing stopped the US dollar from raking in more gains today.

Retail spending in the UK is anticipated to have contracted 2.6 percent during June, following a 3.5 percent gain during the month prior, which happened to be the largest rise since 1979.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for July 23.

Oil fell $5 a barrel this morning, as Tropical Storm Dolly is not expected to have as much of an effect in the Gulf of Mexico as experts had previously thought.

A speech by Philadelphia Fed President Charles Plosser drove the US dollar higher on Tuesday morning, as he signaled that he would be voting to increase interest rates at the next Federal Open Market Committee meeting.