The Fed lowered the Fed Fund and Discount Rate 50bps. There is a likelihood of more cuts down the road, but perhaps not with the same crushing blow.

Todd Gordon explains that investors seem reassured that global market volatilities will remain at low enough levels to begin reestablishing long carry trade positions.

How do you make a lot of money in this kind of finance-driven economy? Simple. You sell things to rich people.

The Federal Reserve’s interest rate decision has made a substantial impact on the financial markets, and the consolidation today indicates that traders are asking, What’s Next?

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for September 19.

Inflation pressures in Canada are anticipated to have eased somewhat during the month of August, as headline CPI is expected to fallen to an annualized rate of 2.1 percent from 2.2 percent.

The Greenspan put has now become the Bernanke put. This term was coined back in 1998 when Greenspan bailed out the financial markets by lowering interest rates after the collapse of Long Term Capital.

Everyone wants to know what the Maestro was really thinking.

The FOMC caught investors off guard when they went through with not only a 50bp cut to the federal funds rate, but also a 50bp cut to the discount rate.

The US dollar set fresh record lows against the euro, as a surprise 50 basis point interest rate cut by the Federal Reserve crushed the greenback while sending the Dow significantly higher in its wake.