After five rate cuts and one massive tax rebate program, the feds are wondering what to do now. A bailout is probably coming. But will it work?

Negative NFP data would lend support to the view that current economic weakness is slowly making its way from Wall St. to Main St. via the labor market as the US consumer makes up 70 percent of the economy.

Toni Hansen expects the lows made on Tuesday to hold.

Richard Lee offers a preview of what to expect for Friday’s market moving release.

Trichet’s bias has assured many that the central bank isn’t even considering reducing rates in the near-term. If the ECB maintains this stance this week, EUR/USD could surge above the record high of 1.53.

Are the Fed’s efforts really futile, we ask? Are they worse than nothing? Well, the answer depends on who you are. If you have been holding euros, instead of dollars, you might want to send the Fed a ‘thank you’ note.

On Wednesday Toni Hansen is anticipating continued corrective action off Tuesday's lows, but with greater back and forth moves on the 30-minute time frame, as opposed to one swift upside continuation.

We are only half way through the mortgage-reset storm. Expect more bad weather.

With US data reflecting eroding economic conditions and the financial markets still in turmoil, futures are increasingly pricing in a 75bp cut on March 18.

The indices chopped back and forth throughout the majority of the session with the tech-heavy Nasdaq leading downside momentum. This is creating that build-up at the daily support from previous lows and is allowing for the market to correct from Friday's extreme downside move.