The US dollar has strengthened against all of major currencies thanks Paulson, Plosser and the price of oil.

The release of the minutes from the Bank of England’s July meeting -- when the Monetary Policy Committee left rates unchanged at 5.00 percent -- presents major event risk for UK assets, as they are likely to reflect much of the same mixed sentiment seen in the meeting minutes from June.

Inflation in Canada is expected to jump to 2.9% from 2.2%, which would put it at the top of the Bank of Canada's target band.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for July 22.

The Telegraph warns this morning of a global financial meltdown. The U.S. current fiscal crisis is the push over the edge that the global economy has feared.

The sell-off in the Dow, the rebound in oil prices and weaker economic data drove the US dollar lower against every major currency except for the New Zealand dollar.

Canadian retail sales are anticipated to jump 0.6 percent during the month of May, suggesting that consumption remains strong and will be a positive contributor to Q2 GDP.

Currency strategist Boris Schlossberg analyzes the major currencies for the week of July 21.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for July 21.

John Mauldin takes a look at the actual numbers for housing starts, new unemployment claims and inflation.